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...
Schedule row 6 now permits a three-year post-Class XII graduation with at least 60% marks, subject to a 50% threshold for reserved SC/ST/PwBD posts, or specified postgraduate and professional qualifications. It prescribes conversion of aggregate grade points to percentages, including normalisation of non-10-point scales, and recognises qualifying foreign postgraduate credentials supported by specified equivalence certificates. The amendment removes the desirable requirement of two years' post-enrolment advocacy experience for Grade A legal-stream officers. It also revises approved postgraduate disciplines for the relevant specialist stream, adding areas such as public policy, securities markets and capital markets. The changes take effect upon Official Gazette publication.
Schedule row 6 now permits a three-year post-Class XII graduation with at least 60% marks, subject to a 50% threshold for reserved SC/ST/PwBD posts, or specified postgraduate and professional qualifications. It prescribes conversion of aggregate grade points to percentages, including normalisation of non-10-point scales, and recognises qualifying foreign postgraduate credentials supported by specified equivalence certificates. The amendment removes the desirable requirement of two years' post-enrolment advocacy experience for Grade A legal-stream officers. It also revises approved postgraduate disciplines for the relevant specialist stream, adding areas such as public policy, securities markets and capital markets. The changes take effect upon Official Gazette publication.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
