Donor-directed corpus contributions retain capital character despite exemption claims under section 10(23C)(vi), preventing their treatment as taxable...
Enhanced tax-audit threshold applies where banking records establish compliant non-cash receipts and payments, eliminating penalty exposure for audit ...
Transfer pricing consistency protects identical non-interest-bearing debenture terms from a later notional-interest adjustment without valid statutory...
Rectification of debatable deduction claims cannot reverse scrutiny-approved co-operative society interest income deductions as apparent record errors...
Cash-method accounting bars presumptive interest taxation, while unsupported securities and share-trading additions require reliable material and veri...
Rejection of bid - requirement of uploading annual turnover certificate issued by the Chartered Accountant for the last five financial years bearing UDIN of Institute of Chartered Accountants of India (ICAI) - The Court found that the stipulation for submitting a five-year annual turnover certificate with UDIN by Chartered Accountants was mandatory. The absence of UDIN was grounds for rejection, and this requirement was repeatedly emphasized in the tender documents. - The Court criticized the Technical Evaluation Committee's reconsideration favoring Respondent No. 5 as unfair, arbitrary, and biased. It noted that the Committee's reliance on documents not meeting the UDIN requirement was illegal and overlooked the mandatory nature of the tender conditions.
Rejection of bid - requirement of uploading annual turnover certificate issued by the Chartered Accountant for the last five financial years bearing UDIN of Institute of Chartered Accountants of India (ICAI) - The Court found that the stipulation for submitting a five-year annual turnover certificate with UDIN by Chartered Accountants was mandatory. The absence of UDIN was grounds for rejection, and this requirement was repeatedly emphasized in the tender documents. - The Court criticized the Technical Evaluation Committee's reconsideration favoring Respondent No. 5 as unfair, arbitrary, and biased. It noted that the Committee's reliance on documents not meeting the UDIN requirement was illegal and overlooked the mandatory nature of the tender conditions.
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