SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Page of 4878
Press 'Enter' after typing page number.
121 to 140 of 97553 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Timely furnishing of Form No. 10B within an extended return-filing deadline satisfies the audit-report requirement for charitable-trust exemption. Although filing the audit report is a substantive requirement, the prescribed timing and mode of submission are procedural where the report is available before assessment. Rejection of a condonation application does not bar the exemption because condonation is an additional remedy. Form No. 10B for the relevant assessment year must therefore be accepted and the claimed exemption granted.
Timely furnishing of Form No. 10B within an extended return-filing deadline satisfies the audit-report requirement for charitable-trust exemption. Although filing the audit report is a substantive requirement, the prescribed timing and mode of submission are procedural where the report is available before assessment. Rejection of a condonation application does not bar the exemption because condonation is an additional remedy. Form No. 10B for the relevant assessment year must therefore be accepted and the claimed exemption granted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4878 
