Constitutional personal-liberty safeguards limit PMLA twin bail conditions where completed investigations lead to prolonged incarceration before trial...
Automated airline software subscriptions without human intervention fail technical-services characterisation and do not make available underlying tech...
Business support recruitment and training receipts qualify for presumptive business taxation, not professional taxation under technical consultancy ru...
Treaty exemption for foreign permanent-establishment management fees prevailed, while dividend expense disallowance remained limited to an accepted al...
Centralised assessment transfers: participation after requesting centralisation can bar technical jurisdictional challenges, while assessment disputes...
Binding precedent remains operative despite pending challenge, supporting deletion of interest disallowance when debt is converted into preference sha...
Unaccounted mobile-accessories turnover may be assessed only for its profit element where purchases and business expenditure are inherent but exact computation is unavailable; the profit addition was limited to 5%, subject to removing overlap. Separate additions for cash salaries and supplier payments were treated as duplicative once trading profit was estimated. Property-booking cash additions required purchaser-specific proof of actual payment; uncorroborated booking sheets, cancellations and lack of recipient confirmation did not establish investment. Cash at company premises was not attributable individually where accounted company cash and business realisations explained it. Physical stock was limited to 5% of the valuation difference after excluding book stock and duplicated sales profit.
Unaccounted mobile-accessories turnover may be assessed only for its profit element where purchases and business expenditure are inherent but exact computation is unavailable; the profit addition was limited to 5%, subject to removing overlap. Separate additions for cash salaries and supplier payments were treated as duplicative once trading profit was estimated. Property-booking cash additions required purchaser-specific proof of actual payment; uncorroborated booking sheets, cancellations and lack of recipient confirmation did not establish investment. Cash at company premises was not attributable individually where accounted company cash and business realisations explained it. Physical stock was limited to 5% of the valuation difference after excluding book stock and duplicated sales profit.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4907 
