Income Tax – Expenditure on replacement of dies and moulds, Section 31, Appeal under Section 260-A by the Appellant (Revenue) for AY 2007-08 against the order of the Tribunal which held that the disallowance of expenditure on replacement of dies and moulds is to be allowed - Whether the Tribunal was...
Income Tax – Addition under Section 68/69A on account of unaccounted deposits in foreign bank account, Internal transfer of funds from one foreign bank account to another, Concurrent findings of fact - Search under Section 132 was carried out in the case of the Respondent-assessee and his family mem...
Income Tax – Corporate guarantee to associated enterprise as international transaction and rate of guarantee commission - Appellant extended corporate guarantee in favour of a bank to facilitate borrowing by its wholly owned foreign subsidiary, and the TPO held it to be an international transaction...
Income Tax – Limitation under section 144C(13), final assessment order – The Appellant challenged the final assessment order passed under section 143(3) read with sections 144C(13) and 144B pursuant to the directions of the DRP, which included a transfer pricing adjustment and other additions. The D...
Income Tax – Tax Deducted at Source, Assessee in default under Section 201 for non-deduction of tax on LTC paid for foreign travel when restrained by interim orders of the High Court - Appellant, a unit of a bank, was held to be an assessee in default under Section 201(1) and 201(1A) by the AO for n...