Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Direct tax collections for FY 2023-24 as of 17.06.2023 show net collections of Rs. 3,79,760 crore, a growth of 11.18% compared to the preceding year. - Gross collections stand at Rs. 4,19,338 crore, a growth of 12.73%, with Advance Tax collections at Rs. 1,16,776 crore. - Corporate Tax collections account for Rs. 1,87,311 crore while Personal Income Tax collections including Securities Transaction Tax stand at Rs. 2,31,391 crore. - Refunds of Rs. 39,578 crore have been issued, a growth of 30.13%.
Direct tax collections for FY 2023-24 as of 17.06.2023 show net collections of Rs. 3,79,760 crore, a growth of 11.18% compared to the preceding year. - Gross collections stand at Rs. 4,19,338 crore, a growth of 12.73%, with Advance Tax collections at Rs. 1,16,776 crore. - Corporate Tax collections account for Rs. 1,87,311 crore while Personal Income Tax collections including Securities Transaction Tax stand at Rs. 2,31,391 crore. - Refunds of Rs. 39,578 crore have been issued, a growth of 30.13%.
Note: It is a system-generated summary and is for quick reference only.