Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Merger control notice and disclosure rules: Supreme Court limits penalties, rejects reopening of approved combination, and sets aside adverse findings...
Page of 4805
Press 'Enter' after typing page number.
2701 to 2720 of 96100 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Deduction for additional employee cost could not be denied merely because Form No. 10DA was uploaded after the due date, where the assessee had obtained the form in time, attempted upload before the deadline, and the delay arose from technical glitches in the e-filing portal. The form was already on record before the return of income was filed and was available when the return was processed, so the Tribunal followed co-ordinate Bench rulings and directed the Assessing Officer to admit the form and allow the deduction in accordance with law. The Department's objection based on a later rejection under section 119(2)(b) was not accepted.
Deduction for additional employee cost could not be denied merely because Form No. 10DA was uploaded after the due date, where the assessee had obtained the form in time, attempted upload before the deadline, and the delay arose from technical glitches in the e-filing portal. The form was already on record before the return of income was filed and was available when the return was processed, so the Tribunal followed co-ordinate Bench rulings and directed the Assessing Officer to admit the form and allow the deduction in accordance with law. The Department's objection based on a later rejection under section 119(2)(b) was not accepted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
