Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Omission of clause (i) of section 92BA was treated as having retrospective effect, so the reference to the TPO and the transfer pricing adjustment based on specified domestic transactions was held invalid and deleted. Brokerage paid in the ordinary course of a leasing business was allowed under section 37(1) to the extent supported by invoices and tenant details, while the balance was remitted for verification. Receipts such as car parking income, interest on fixed deposits, permission charges and licence fee were held to have a direct nexus with SEZ business and were treated as eligible for deduction under section 80IAB, making their reclassification as income from other sources unsustainable.
Omission of clause (i) of section 92BA was treated as having retrospective effect, so the reference to the TPO and the transfer pricing adjustment based on specified domestic transactions was held invalid and deleted. Brokerage paid in the ordinary course of a leasing business was allowed under section 37(1) to the extent supported by invoices and tenant details, while the balance was remitted for verification. Receipts such as car parking income, interest on fixed deposits, permission charges and licence fee were held to have a direct nexus with SEZ business and were treated as eligible for deduction under section 80IAB, making their reclassification as income from other sources unsustainable.
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