Prior Sanction Requirement: absence of prescribed approval invalidates reassessment notice; limitation also bars notice if escaped income below thresh...
Eligibility for exemption depends on strict construction of the product description; reapers without binder are ineligible, but confiscation and penal...
Customs jurisdiction defined for Principal Commissioner, Vishakhapatnam, covering specified ports, districts and India's adjacent EEZ; effective on pu...
Approval for a trust was upheld because the determinative statutory test was whether expenditure of a religious nature exceeded the prescribed limit of the trust's total income in the relevant year. The Court accepted the Tribunal's finding that the Revenue could not dispute the factual figures showing religious expenditure remained below that limit, so the trust was eligible for approval on that statutory basis despite objections that some objects were religious in nature. The proposed question of law was not entertained, and the appeal was dismissed.
Approval for a trust was upheld because the determinative statutory test was whether expenditure of a religious nature exceeded the prescribed limit of the trust's total income in the relevant year. The Court accepted the Tribunal's finding that the Revenue could not dispute the factual figures showing religious expenditure remained below that limit, so the trust was eligible for approval on that statutory basis despite objections that some objects were religious in nature. The proposed question of law was not entertained, and the appeal was dismissed.
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