Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Disciplinary proportionality requires penalties for Authorised Representative misconduct to match proven harm, leading to reconsideration of registrat...
CBDT stay instructions limit recovery of a tax demand disputed before the First Appellate Authority to 20% as a pre-condition for stay. Refunds for later assessment years may not be adjusted against the disputed demand where prior payments and such adjustments have already recovered more than that threshold. Adjustment beyond 20% is impermissible, and the excess recovery must be refunded within four weeks while the first appeal remains pending.
CBDT stay instructions limit recovery of a tax demand disputed before the First Appellate Authority to 20% as a pre-condition for stay. Refunds for later assessment years may not be adjusted against the disputed demand where prior payments and such adjustments have already recovered more than that threshold. Adjustment beyond 20% is impermissible, and the excess recovery must be refunded within four weeks while the first appeal remains pending.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
