Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Once High court directed to settlement commission (ITSC) to proceed with the matter, the assessment orders passed by the AO become infructuous and now the jurisdiction stands vested in the ITSC - all these appeals against the infructuous orders are also infructuous and need not be continued
Once High court directed to settlement commission (ITSC) to proceed with the matter, the assessment orders passed by the AO become infructuous and now the jurisdiction stands vested in the ITSC - all these appeals against the infructuous orders are also infructuous and need not be continued
Note: It is a system-generated summary and is for quick reference only.