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- Jun 22
- 3 min
ITAT Rules Out Additions to Completed Assessment Years in the Absence of Incriminating Evidence
ITAT confirms no tax additions without incriminating evidence, even for statements recorded under s.132(4).
- Jun 22
- 4 min
DCF Method for OCPS Valuation Validated: ITAT Rejects Excess Premium Addition for Shares Issued to Holding Company
ITAT upholds DCF method for OCPS, dismissing Revenue's appeal on excess premium taxability under s. 56(2)(viib).
- May 24
- 2 min
Delhi HC Overrules Use of Bright Line Test for AMP Expenses in Transfer Pricing Cases
Delhi HC rules BLT unfit for ALP calculations in multinational AMP expense cases.
- Oct 3, 2023
- 3 min
Taxing Net Income, Not Gross Receipts: ITAT’s Clarification on Charitable Trust’s Taxation
ITAT rules on proper tax base for charities, stressing net income and registration impacts.