Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Exemption u/s 11 - Tribunal while allowed the exemption held that the proviso to Section 2(15) is not applicable to assessee - ITAT observed that, profit making is not the driving force or objective of the assessee. - The order passed by the Tribunal is based on the meticulous appreciation of materials on record and by no stretch of imagination can be said to be perverse. - HC
Exemption u/s 11 - Tribunal while allowed the exemption held that the proviso to Section 2(15) is not applicable to assessee - ITAT observed that, profit making is not the driving force or objective of the assessee. - The order passed by the Tribunal is based on the meticulous appreciation of materials on record and by no stretch of imagination can be said to be perverse. - HC
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TaxTMI 
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