Prior disposal of reopening objections is mandatory before scrutiny notice; premature scrutiny invalidates reassessment and consequential assessment o...
Pre-registration safeguards do not require a hearing or preliminary inquiry before corruption FIR registration where cognizable offences are disclosed...
Penalty for an alleged failure to furnish transfer-pricing documentation relating to purchases from an alleged associated enterprise was deleted after the underlying transfer-pricing adjustment was removed. The penalty's foundation consequently ceased to exist. Applying an earlier Tribunal decision on identical facts and the principle of consistency, the deletion was sustained and the Revenue's challenge was dismissed. The taxpayer's cross-objection was dismissed as infructuous.
Penalty for an alleged failure to furnish transfer-pricing documentation relating to purchases from an alleged associated enterprise was deleted after the underlying transfer-pricing adjustment was removed. The penalty's foundation consequently ceased to exist. Applying an earlier Tribunal decision on identical facts and the principle of consistency, the deletion was sustained and the Revenue's challenge was dismissed. The taxpayer's cross-objection was dismissed as infructuous.
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TaxTMI 
TaxTMI 
of 4931 
