Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS) - failure to make payment by 30th June 2020 - the error is at the end of the petitioner’s agent i.e. petitioner’s bank. - the decision taken by the Designated Committee is in accordance with Section 127 (5) of the Finance Act 2019 read with section 7(iv) of the Taxation and Other Laws ordinance, 2020 - If the petitioner has any grievances with its bank, it shall be at liberty to proceed against the same in accordance with law. - HC
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS) - failure to make payment by 30th June 2020 - the error is at the end of the petitioner’s agent i.e. petitioner’s bank. - the decision taken by the Designated Committee is in accordance with Section 127 (5) of the Finance Act 2019 read with section 7(iv) of the Taxation and Other Laws ordinance, 2020 - If the petitioner has any grievances with its bank, it shall be at liberty to proceed against the same in accordance with law. - HC
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