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...
Bad-debt deduction was available where full invoice amounts had been recognised as income, retained sums remained receivables, and those receivables were written off as irrecoverable; the related disallowance was deleted without requiring proof that the debts became bad in a particular year. Related-party rent could not be disallowed without comparable or other material establishing excessiveness or unreasonableness against fair market value; suspicion or an allegation of non-revenue neutrality was insufficient, and the disallowance was deleted. A challenge confined to initiation of penalty proceedings was premature and was dismissed.
Bad-debt deduction was available where full invoice amounts had been recognised as income, retained sums remained receivables, and those receivables were written off as irrecoverable; the related disallowance was deleted without requiring proof that the debts became bad in a particular year. Related-party rent could not be disallowed without comparable or other material establishing excessiveness or unreasonableness against fair market value; suspicion or an allegation of non-revenue neutrality was insufficient, and the disallowance was deleted. A challenge confined to initiation of penalty proceedings was premature and was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
