Concurrent anticipatory-bail jurisdiction permits applications before either forum, while secured evidence may negate custodial interrogation in GST e...
Transfer Pricing Officer jurisdiction is transaction-specific, excluding permanent establishment determinations and requiring independent assessment o...
Rental income valuation requires credible local comparables; family-business salary and commercially expedient unsecured-loan interest remained deduct...
Charitable entities whose exemption under sections 11 and 12 is not claimed may deduct expenditure incurred to advance their charitable objects when income is assessed under "Income from Other Sources". Section 57(iii) applies to the computation of such income, including donations made in furtherance of those objects. Applying the coordinate-bench approach where no material factual or legal distinction existed, ITAT deleted the disallowance of the donations and allowed the deduction. The alternative deduction claim under section 80G required no separate adjudication.
Charitable entities whose exemption under sections 11 and 12 is not claimed may deduct expenditure incurred to advance their charitable objects when income is assessed under "Income from Other Sources". Section 57(iii) applies to the computation of such income, including donations made in furtherance of those objects. Applying the coordinate-bench approach where no material factual or legal distinction existed, ITAT deleted the disallowance of the donations and allowed the deduction. The alternative deduction claim under section 80G required no separate adjudication.
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