Sovereign Wealth Fund notification and quarterly reporting rules prescribed for Schedule V investment exemption claims.
Virtual services were not deemed physically rendered in India, and a nil withholding certificate was properly refused.
Search assessment limitation and third-party digital evidence fail without person-wise panchanama, corroboration, or proven nexus.
Depreciation on toll rights, subsidy adjustment, and penalty relief shape ITAT's ruling on infrastructure tax claims.
Employer PF/ESI deduction under section 43B and refund of excess DDT accepted subject to verification and computation.
Depreciation disallowance and festival donations deleted, while fine-and-penalty expenditure under section 37(1) was remanded for verification.
Telecom tax holiday, treaty royalty, and transfer pricing consistency shape ITAT's mixed relief on cross-border charges.
Penalty under section 270A fails where the exact charge of under-reporting or misreporting is not clearly specified.
TDS on co-owned property transfers requires no aggregation where each co-owner's share stays below the threshold.
Faceless reassessment remains valid where section 143(2) notice is issued competently, but merit additions were remanded for fresh verification.
Shared service cost allocation is deductible where business nexus and reasonable allocation are shown, not one-to-one expense tracing.
Dividend distribution tax refund denied where DTAA was inapplicable and no return of income supported the claim.
Penalty under section 271D deleted where sale deed was validly executed through a subsisting GPA before cancellation.
Approved resolution plans extinguish pre-CIRP tax demands, requiring deletion from tax portals and consequential refund.
Search-related reassessment limitation: the search assessment year counts in the ten-year block, making the notice time-barred.
Dividend remittance to foreign shareholders permitted with security deposit and tax compliance, while refund adjustment was allowed on concession.
Genuine hardship justified condonation of delayed Form 10-IC filing, securing access to the section 115BAA tax regime.
MPID Act prevails over conflicting statutes on seized investor funds, and release to escrow for restitution was upheld.
Search assessment additions fail without incriminating material; explained credits, cash, investment, and cash-payment disallowance were deleted.
MAT book profit limits block CSR and section 14A adjustments, defeating revisionary jurisdiction under section 263.
TaxTMI 
TaxTMI 
