Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Penalty u/s 271E - contravention of provisions of S. 269T - repaying of loan in Cash - The funds were needed for an urgent requirement made at the hospital towards the treatment of mother of the Partner - The assessee therefore, paid the amount through different family members, who are close relative of the partners of the firm - No penalty - AT
Penalty u/s 271E - contravention of provisions of S. 269T - repaying of loan in Cash - The funds were needed for an urgent requirement made at the hospital towards the treatment of mother of the Partner - The assessee therefore, paid the amount through different family members, who are close relative of the partners of the firm - No penalty - AT
Note: It is a system-generated summary and is for quick reference only.