PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Penalty u/s 271BA - non-filing of audit report in Form 3CEB - international transactions - the expression "May" used in section 271BA needs to be viewed liberally - in view of the reasoning given by the assessee due to bonafide mistaken understanding of provisions contained in section 139D(c) which itself would determine reasonable cause in terms of section 273B - no penalty - AT
Penalty u/s 271BA - non-filing of audit report in Form 3CEB - international transactions - the expression "May" used in section 271BA needs to be viewed liberally - in view of the reasoning given by the assessee due to bonafide mistaken understanding of provisions contained in section 139D(c) which itself would determine reasonable cause in terms of section 273B - no penalty - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
