Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Exemption to trusts and institutions - Specified violations u/s 12AB and fifteenth proviso to clause (23C) of section 10 - In case of provision approval/ registration for "new trust" and re-registration/provisional approval of "existing trust" if any specified violation such registration can be cancelled by PCIT/CIT, There is amendment in the term used specified violation which includes 'If application is not complete or it contains false or incorrect information'.
Exemption to trusts and institutions - Specified violations u/s 12AB and fifteenth proviso to clause (23C) of section 10 - In case of provision approval/ registration for "new trust" and re-registration/provisional approval of "existing trust" if any specified violation such registration can be cancelled by PCIT/CIT, There is amendment in the term used specified violation which includes 'If application is not complete or it contains false or incorrect information'.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
