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 ...
Gross-profit additions on disputed purchases require reasoned appellate determination; disclosed claims alone do not support inaccurate-particulars pe...
Limitation after transfer-pricing remand: fresh TPO reference did not extend the assessment deadline, rendering the consequential assessment time-barr...
Interim judicial restraint on tax deduction prevents default, while supporting reasonable cause and penalty deletion for foreign-leg LFC reimbursement...
Palmolein classification defeated the crude-oil concession; material misdeclaration sustained recovery and confiscation, while separate false-document...
Disputed valuation-based shareholder buy-out directions were stayed on an interim basis after the Appellate Tribunal found prima facie concerns that the valuation report relied on earlier reports already challenged. It also regarded a direction permitting share transfer either at the valuer-determined price or a mutually agreed price as controversial because both alternatives could not operate together. Directions to remove a director and appoint the minority shareholder's nominee director were retained, reflecting the shareholder's exclusion from meaningful participation in management; however, their implementation was deferred until the next listing. The impugned order therefore remains stayed except for those limited board-representation directions.
Disputed valuation-based shareholder buy-out directions were stayed on an interim basis after the Appellate Tribunal found prima facie concerns that the valuation report relied on earlier reports already challenged. It also regarded a direction permitting share transfer either at the valuer-determined price or a mutually agreed price as controversial because both alternatives could not operate together. Directions to remove a director and appoint the minority shareholder's nominee director were retained, reflecting the shareholder's exclusion from meaningful participation in management; however, their implementation was deferred until the next listing. The impugned order therefore remains stayed except for those limited board-representation directions.
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TaxTMI 
TaxTMI 
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