Low profitability of recipient cannot be the criteria for Business disallowance u/s 40A(2)(b) being excessive or unreasonable payment
Applicability of transfer pricing provisions w.r.t. specified domestic transactions – section 40A(2)(b)
Default by employers in not issuing Form 16 TDS certificates to employees prima facie makes employers liable to prosecution u/s 405 of the IPC
Whether profit arising from hedging contract entered into by a manufacturer solely for the purposes of making profit out of its manufacturing activity can be claimed as deduction under section 80IB?
Mumbai ITAT Applies adjustment analogy u/s. 140A regarding tax-payments to ‘refunds’ also; Accepts taxpayer’s Section 244A interest computation