Valuation Officer estimates govern property-value additions once statutory valuation is invoked, requiring fresh consideration of objections and compa...
Waiver of written show-cause notice may prevent a later procedural challenge after participation in customs adjudication, preserving statutory appella...
Retrospective invalidity of ocean-freight IGST supports refunds despite non-party status and prior credit utilisation, subject to authorised appeal gr...
Additional evidence in departmental appeals may include show-cause-notice material without introducing a new case where it merely corroborates existin...
Reasoned rectification orders require consideration of expenditure disclosed in income-tax returns, preventing revision based on incomplete income com...
Modified returns after business reorganisations cannot trigger fresh scrutiny once the original assessment was complete, invalidating related transfer...
Third-party loose sheets require reliable nexus before supporting unexplained expenditure additions; presumptions do not establish payer identity or o...
TNMM comparability using audited accounts and working-capital adjustments can eliminate unwarranted transfer-pricing additions where verified margins ...
Page of 4907
Press 'Enter' after typing page number.
341 to 360 of 98136 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Builder-financing additions for alleged cash receipts or payments cannot be sustained as unexplained money or unexplained investment where the amount represents return of an accounted banking-channel advance and no independent unexplained source or accretion is established. Alleged interest income cannot be inferred solely from a purported financing arrangement where property acquisitions were explained as investments generating rental income and capital gains. Stamp-duty valuation provisions apply to immovable-property acquisitions irrespective of their characterisation as builder financing. Where the stamp-duty value of under-construction property is disputed, fair market value must be determined through the statutory valuation mechanism before taxability and quantum are decided; the valuation issues require DVO-based fresh determination after hearing the assessee.
Builder-financing additions for alleged cash receipts or payments cannot be sustained as unexplained money or unexplained investment where the amount represents return of an accounted banking-channel advance and no independent unexplained source or accretion is established. Alleged interest income cannot be inferred solely from a purported financing arrangement where property acquisitions were explained as investments generating rental income and capital gains. Stamp-duty valuation provisions apply to immovable-property acquisitions irrespective of their characterisation as builder financing. Where the stamp-duty value of under-construction property is disputed, fair market value must be determined through the statutory valuation mechanism before taxability and quantum are decided; the valuation issues require DVO-based fresh determination after hearing the assessee.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4907 
