Section 11 Direct Taxes
Where assessee registered under section 12AA had given advances to unregistered trusts, then it could be held guilty for violation of provisions of section 13 and consequently be denied…
Section 92C Direct Taxes
While making transfer pricing adjustments for computing ALP of international transaction, the adjustments is to be confined to international transactions undertaken with the associated…
Section 10(37) Direct Taxes
Interest awarded under section 28 of Land Acquisition Act, 1894 partook the character of compensation paid by government on compulsory acquisition of assessee’s agricultural land and was,…
Section 143(2), Direct Taxes
The issue of notice under section 143(2) in reassessment proceedings, prior to finalizing re-assessment order, cannot be condoned by referring to section 292BB and it was fatal to the order of…
Section 2(47)(v) Direct Taxes
Vide JDA, in lieu of parting of a portion of its land, assessee had to receive consideration in kind (i.e., by way of superstructure on the land retained by it) in future and the transaction was…