Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Revision under section 263 is not warranted where the Assessing Officer has made specific enquiries, examined supporting documents, permissions and valuation details, and taken a view on a trust's advance to a specified person. The assessment was therefore not erroneous and prejudicial to the interests of the Revenue merely because the revisional authority wanted a further or different examination. The text further notes that the alleged charitable trust violation did not justify revision because the record showed full and proper enquiry into the transaction, so the revisional order was set aside.
Revision under section 263 is not warranted where the Assessing Officer has made specific enquiries, examined supporting documents, permissions and valuation details, and taken a view on a trust's advance to a specified person. The assessment was therefore not erroneous and prejudicial to the interests of the Revenue merely because the revisional authority wanted a further or different examination. The text further notes that the alleged charitable trust violation did not justify revision because the record showed full and proper enquiry into the transaction, so the revisional order was set aside.
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