Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
A single show cause notice could not be enforced against both the former proprietorship and the later partnership firm for the post-conversion period, because the remand order required separate notices and no fresh notice to the partnership firm was shown; the later demand was therefore set aside. In works contract matters, a community hall intended for paid use and fruit and vegetable stalls were treated as having commercial character, so the claimed non-commercial exemption failed, while boundary walls, a public sports complex and related landscaping were held non-commercial on the dominant-use test. TDS and refundable security deposits were excluded from taxable value. Payment already made for EWS housing was left open to verification.
A single show cause notice could not be enforced against both the former proprietorship and the later partnership firm for the post-conversion period, because the remand order required separate notices and no fresh notice to the partnership firm was shown; the later demand was therefore set aside. In works contract matters, a community hall intended for paid use and fruit and vegetable stalls were treated as having commercial character, so the claimed non-commercial exemption failed, while boundary walls, a public sports complex and related landscaping were held non-commercial on the dominant-use test. TDS and refundable security deposits were excluded from taxable value. Payment already made for EWS housing was left open to verification.
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