Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
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The ITAT held that salary paid by a charitable trust to its Chairperson was not excessive where the Department had accepted similar remuneration in earlier and later years, so the disallowance under section 13(2)(c) was deleted. It also found that repairs to rented premises used by the trust were commercially expedient and that no personal benefit to a specified person had been shown, so that addition was deleted as well. On the separate appellate issue, the Tribunal held that the CIT(A) had failed to consider the assessee's written submissions, additional evidence and Rule 46A application, amounting to a natural justice defect, and remanded the matter for fresh adjudication after reasonable opportunity.
The ITAT held that salary paid by a charitable trust to its Chairperson was not excessive where the Department had accepted similar remuneration in earlier and later years, so the disallowance under section 13(2)(c) was deleted. It also found that repairs to rented premises used by the trust were commercially expedient and that no personal benefit to a specified person had been shown, so that addition was deleted as well. On the separate appellate issue, the Tribunal held that the CIT(A) had failed to consider the assessee's written submissions, additional evidence and Rule 46A application, amounting to a natural justice defect, and remanded the matter for fresh adjudication after reasonable opportunity.
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