Reassessment and fee-for-technical-services classification: reopening upheld, but certain reimbursements and mobilization charges fell outside treaty ...
Section 80P deduction for co-operative societies remains available despite nominal members and housing society status, with limited interest income tr...
A fresh claim for exemption on sale of agricultural land cannot be rejected merely because it was not made through a revised return. The Tribunal treated Goetze (India) as confined to the Assessing Officer's power and held that an appellate authority may examine a fresh claim already supported by material on record; the exemption issue was remitted for decision on merits. On the housing project deduction, the direction to verify whether the flats met the 1,500 sq. ft. built-up area condition was upheld as a limited compliance check.
A fresh claim for exemption on sale of agricultural land cannot be rejected merely because it was not made through a revised return. The Tribunal treated Goetze (India) as confined to the Assessing Officer's power and held that an appellate authority may examine a fresh claim already supported by material on record; the exemption issue was remitted for decision on merits. On the housing project deduction, the direction to verify whether the flats met the 1,500 sq. ft. built-up area condition was upheld as a limited compliance check.
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