Loading...

⚠ ✕
❮ Top
☎ Help
☰
GST ▸
Central GST ▸
Integrated GST + ▸
UTGST / SGST ▸
GST Case Laws + ▸
Income Tax ▸
Income Tax ▸
Allied (Direct Tax) ▸
Income Tax Case Laws ▸
DTAA ▸
International Taxation ▸
Customs ▸
Customs Act / Rules ▸
Notifications / Forms ▸
Circulars / Tariff ▸
Case Laws / Manual ▸
FTP/SEZ ▸
Foreign Trade ▸
Notifications / Circulars / Appendix / Forms ▸
Special Economic Zone (SEZ) ▸
Corp. Law ▸
Company Laws ▸
Standards / Trusts ▸
Partnership / LLP / Societies ▸
Case Laws ▸
FEMA ▸
FEMA / FCRA ▸
Notifications / Circulars ▸
Manual / FAQ ▸
FEMA Case Laws ▸
SEBI / IBC ▸
SEBI ▸
SEBI Case Laws ▸
IBC ▸
IBC - Case Laws ▸
PMLA ▸
Benami Property ▸
Black Money ▸
Money Laundering ▸
Vivad ▸
Direct Tax ▸
Indirect Taxes ▸
Indian Laws ▸
Indian Laws ▸
Bharatiya Nyaya 2023 ▸
Finance Acts & Bills / Amendment Acts ▸
Case Laws ▸
Labour Laws ▸
Labour Code ▸
Old / Others ▸
Central Excise ▸
Central Excise - Cases ▸
Wealth Tax ▸
Service Tax ▸
Service Tax Cases ▸
CST / DVAT ▸
CST / VAT / Sales Tax ▸
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Filters / Advanced Search ❯
TEXT

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws---- ❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
☰   Show Results ❯
    September 10, 2026   Case Laws Income Tax
    Transfer-pricing comparability requires functionally similar, uncontrolled companies, with turnover, related-party transactions and risk profiles asse...
    September 10, 2026   Case Laws Income Tax
    Interim protection from outstanding-demand recovery continues while the statutory appeal receives expedited, reasoned disposal after a hearing.
    September 10, 2026   Case Laws Income Tax
    Capital character of assignment consideration prevents taxation as residuary income, while unsupported interest-related expenditure remains non-deduct...
    September 10, 2026   Case Laws Income Tax
    Make-available condition shields regional support-service receipts from Indian taxation where no independent capability or permanent establishment exi...
    September 10, 2026   Case Laws Income Tax
    Excess business stock with a proven business nexus remains undisclosed business income and is taxed under normal provisions.
    September 10, 2026   Case Laws Income Tax
    Dematerialised share-sale evidence and banking records defeat unsupported allegations of bogus long-term capital gains and unexplained credits.
    September 10, 2026   Case Laws Income Tax
    Transfer-pricing treatment of corporate guarantees and convertible loans followed prior-year consistency, with taxable foreign dividends excluded from...
    September 10, 2026   Case Laws Income Tax
    Characterisation of allotment rights determines whether transfer losses are business losses or capital losses and affects interest-cost computation.
    September 10, 2026   Case Laws Income Tax
    Unconverted FCCDs remain debentures until conversion, so their issue consideration falls outside share-premium taxation provisions.
    September 10, 2026   Case Laws Income Tax
    Transfer-pricing benchmarking confines adjustments to associated-enterprise transactions and integrates delayed receivables through TNMM working-capit...
    September 10, 2026   Case Laws Income Tax
    Joint development transfer timing and firm-held rental income: effective possession fixes the capital-gains year and defeats later additions.
    September 10, 2026   Case Laws Income Tax
    Section 153D approval requires independent, year-wise scrutiny; mechanical consolidated approval invalidates the resulting search assessment order.
    September 10, 2026   Case Laws Customs
    Concurrent factual findings on fictitious imports precluded a substantial legal question, sustaining confiscation and penalties.
    September 10, 2026   Case Laws Income Tax
    Medical relief status protects government-contracted mobile healthcare from commercial classification, while provisional registration cancellation req...
    September 10, 2026   Case Laws Income Tax
    Charitable registration cancellation requires proof that educational activities abandoned their objects; incidental receipts and retained surplus are ...
    September 10, 2026   Case Laws Income Tax
    Export incentives under TNMM form operating income, requiring tested-party and arm's-length margins to be recomputed consistently.
    September 10, 2026   Case Laws Income Tax
    Third-party search material requires the prescribed assessment route and cannot support additions without cross-examination.
    September 10, 2026   Case Laws Customs
    Food safety testing of imported areca nuts requires examination by the competent authority, while Customs may pursue lawful further action.
    September 10, 2026   Case Laws Customs
    Prospective customs notification amendments cannot bar provisional release consideration for earlier imports when bills of lading predate their commen...
    September 10, 2026   Case Laws Customs
    Prospective customs exemption amendments cannot govern pre-commencement imports, while provisional release remains subject to lawful conditions.
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
September 10, 2026   Case Laws Income Tax
Transfer-pricing comparability requires functionally similar, uncontrolled companies, with turnover, related-party transactions and risk profiles assessed on reliable data.
September 10, 2026   Case Laws Income Tax
Interim protection from outstanding-demand recovery continues while the statutory appeal receives expedited, reasoned disposal after a hearing.
September 10, 2026   Case Laws Income Tax
Capital character of assignment consideration prevents taxation as residuary income, while unsupported interest-related expenditure remains non-deductible.
September 10, 2026   Case Laws Income Tax
Make-available condition shields regional support-service receipts from Indian taxation where no independent capability or permanent establishment exists.
September 10, 2026   Case Laws Income Tax
Excess business stock with a proven business nexus remains undisclosed business income and is taxed under normal provisions.
September 10, 2026   Case Laws Income Tax
Dematerialised share-sale evidence and banking records defeat unsupported allegations of bogus long-term capital gains and unexplained credits.
September 10, 2026   Case Laws Income Tax
Transfer-pricing treatment of corporate guarantees and convertible loans followed prior-year consistency, with taxable foreign dividends excluded from exempt-income calculations.
September 10, 2026   Case Laws Income Tax
Characterisation of allotment rights determines whether transfer losses are business losses or capital losses and affects interest-cost computation.
September 10, 2026   Case Laws Income Tax
Unconverted FCCDs remain debentures until conversion, so their issue consideration falls outside share-premium taxation provisions.
September 10, 2026   Case Laws Income Tax
Transfer-pricing benchmarking confines adjustments to associated-enterprise transactions and integrates delayed receivables through TNMM working-capital adjustments.
September 10, 2026   Case Laws Income Tax
Joint development transfer timing and firm-held rental income: effective possession fixes the capital-gains year and defeats later additions.
September 10, 2026   Case Laws Income Tax
Section 153D approval requires independent, year-wise scrutiny; mechanical consolidated approval invalidates the resulting search assessment order.
September 10, 2026   Case Laws Customs
Concurrent factual findings on fictitious imports precluded a substantial legal question, sustaining confiscation and penalties.
September 10, 2026   Case Laws Income Tax
Medical relief status protects government-contracted mobile healthcare from commercial classification, while provisional registration cancellation requires specific notice.
September 10, 2026   Case Laws Income Tax
Charitable registration cancellation requires proof that educational activities abandoned their objects; incidental receipts and retained surplus are insufficient.
September 10, 2026   Case Laws Income Tax
Export incentives under TNMM form operating income, requiring tested-party and arm's-length margins to be recomputed consistently.
September 10, 2026   Case Laws Income Tax
Third-party search material requires the prescribed assessment route and cannot support additions without cross-examination.
September 10, 2026   Case Laws Customs
Food safety testing of imported areca nuts requires examination by the competent authority, while Customs may pursue lawful further action.
September 10, 2026   Case Laws Customs
Prospective customs notification amendments cannot bar provisional release consideration for earlier imports when bills of lading predate their commencement.
September 10, 2026   Case Laws Customs
Prospective customs exemption amendments cannot govern pre-commencement imports, while provisional release remains subject to lawful conditions.

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Home › Highlights › Income Tax › 2026 › September, 2026 › This
Back

All Highlights

Income Tax

Trade and quantity discounts received by a milk resale agent...

Trade discounts received by milk resale agents are explained income, preventing estimated additions as unexplained money.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

Income Tax September 7, 2026 Case Laws AT
Trade and quantity discounts received by a milk resale agent constituted an explained source of income where bank statements showed that sale proceeds were deposited into a joint account with the dairy and withdrawn by the dairy on the same day. Treating those discounts as unexplained money was therefore unwarranted. Profit estimation at 70% of the total discounts, with only 30% allowed for storage and distribution expenses, lacked a proper basis. The addition relating to the discounts was deleted.
View Source View

Topics

Acts Income Tax
Next ➔