Income Tax - Revision under Section 263, Reference to Transfer Pricing Officer for specified domestic transactions after omission of Section 92BA(i) - Assessee entered into specified domestic transactions with persons referred to in Section 40A(2)(b), and despite scrutiny being selected on the reaso...
Income Tax - Method of accounting, Treatment of membership fees received from members, Disallowance under Section 40(a)(ia) and applicability of Section 194J, Payments for renewal of software licences - Assessee company was engaged in the business of providing discount cards to members on payment of...
Income Tax - Interest paid on Non-Convertible Debentures issued to Associated Enterprise, Benchmarking of arm’s length interest, recording of satisfaction by the AO, Disallowance in excess of suo motu disallowance, Addition to book profit on account of disallowance under Section 14A computed under R...
Income Tax - Scope of settlement under Direct Tax Vivad Se Vishwas Scheme, 2020 and applicability to subsequent reassessment proceedings, Addition under section 69 on account of alleged bogus purchases without furnishing particulars of parties to the Appellant – Original assessment under section 143...
Income Tax – Deduction under section 80-IA(4) to contractor executing infrastructure projects and judicial consistency, Disallowance under section 14A read with Rule 8D where investment was made and redeemed during the same year, Addition under section 14A for computing book profit under section 115...