Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
India-UK treaty characterisation of telecom-service receipts as business profits withstands unilateral domestic-law amendments for Indian tax purposes...
Stay of demand - additions are not sustainable on the strength of earlier years’ order - ld.DR stated at the Bar that Revenue is not going to adopt any coercive measures in the shape of auctioning assets of the assessee for recovery of outstanding demand except adjusting the refund - no urgency of passing any order staying the outstanding demand at this stage - petition dismissed
Stay of demand - additions are not sustainable on the strength of earlier years’ order - ld.DR stated at the Bar that Revenue is not going to adopt any coercive measures in the shape of auctioning assets of the assessee for recovery of outstanding demand except adjusting the refund - no urgency of passing any order staying the outstanding demand at this stage - petition dismissed
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TaxTMI 
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