Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Penalty levied u/s 271D - violation of the provisions of section 269SS - assessee sold an immovable property and received part consideration in cash - The Tribunal carefully reviewed the registered deed of sale, which clearly stated the receipt of cash as part of the consideration. The Tribunal found the assessee's contention regarding a wrong entry in the deed of sale unacceptable without material evidence. Therefore, the penalty under section 271D was upheld.
Penalty levied u/s 271D - violation of the provisions of section 269SS - assessee sold an immovable property and received part consideration in cash - The Tribunal carefully reviewed the registered deed of sale, which clearly stated the receipt of cash as part of the consideration. The Tribunal found the assessee's contention regarding a wrong entry in the deed of sale unacceptable without material evidence. Therefore, the penalty under section 271D was upheld.
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