Anonymous donation classification fails where charitable trusts maintain undisputed donor identity records and evidence corpus contributions' intended...
Transfer pricing method selection favours TNMM where medical-equipment distribution involves substantial post-import value addition and operational ri...
Post-export shipping bill conversion remains available where contemporaneous evidence supports EPCG benefits despite curable procedural omissions and ...
Leave Fare Concession claims involving a foreign travel leg are treated as outside the exemption, so employers must deduct tax at source on such payments. The text notes that the Tribunal relied on a Supreme Court ruling that LTC/LFC exemption is not available where the employee's journey includes foreign travel, and found an earlier co-ordinate Bench view based on interim High Court protection inapplicable because no such protecting order existed for the assessee. On that basis, non-deduction was treated as default, and consequential interest was sustained.
Leave Fare Concession claims involving a foreign travel leg are treated as outside the exemption, so employers must deduct tax at source on such payments. The text notes that the Tribunal relied on a Supreme Court ruling that LTC/LFC exemption is not available where the employee's journey includes foreign travel, and found an earlier co-ordinate Bench view based on interim High Court protection inapplicable because no such protecting order existed for the assessee. On that basis, non-deduction was treated as default, and consequential interest was sustained.
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