Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Exemption u/s 10(23C)(vi) - there has been no exercise done by the Department either at first instance or at least on review petition to find out as to whether the Trust has generated a reasonable surplus to enable them to sustain the institution and in the event of a higher surplus, whether they had ploughed back or utilising the same for achieving the objects of the trust - rejection invalid - remanded to CCIT
Exemption u/s 10(23C)(vi) - there has been no exercise done by the Department either at first instance or at least on review petition to find out as to whether the Trust has generated a reasonable surplus to enable them to sustain the institution and in the event of a higher surplus, whether they had ploughed back or utilising the same for achieving the objects of the trust - rejection invalid - remanded to CCIT
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