Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Enhanced exemption for leave encashment under section 10(10AA)(ii), notified with effect from 1 April 2023, is claimed by retired employees who superannuated before the notification came into force. Since the petitions were filed before expiry of the period for filing revised returns, the employees may pursue revised returns and other remedies available under the Act. Eligibility for the enhanced exemption, including its application to pre-notification superannuation, remains open for consideration in those proceedings.
Enhanced exemption for leave encashment under section 10(10AA)(ii), notified with effect from 1 April 2023, is claimed by retired employees who superannuated before the notification came into force. Since the petitions were filed before expiry of the period for filing revised returns, the employees may pursue revised returns and other remedies available under the Act. Eligibility for the enhanced exemption, including its application to pre-notification superannuation, remains open for consideration in those proceedings.
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