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...
The Notification approves 'Amul Research and Development Association' for research in 'Scientific Research' under the provisions of section 35 of the Income-tax Act, 1961. It is mentioned that the approval is granted with retrospective effect from Assessment Years 2008-09 to 2021-22. This decision is in accordance with Rules 5C and 5D of the Income-tax Rules, 1962. The Notification also includes an explanatory memorandum, citing the Gujarat High Court orders in the case of M/s Amul Research and Development Association vs. CBDT, which necessitated the issuance of this Notification. It is further certified that no adverse effects are imposed on any individual by granting retrospective effect to this Notification.
The Notification approves 'Amul Research and Development Association' for research in 'Scientific Research' under the provisions of section 35 of the Income-tax Act, 1961. It is mentioned that the approval is granted with retrospective effect from Assessment Years 2008-09 to 2021-22. This decision is in accordance with Rules 5C and 5D of the Income-tax Rules, 1962. The Notification also includes an explanatory memorandum, citing the Gujarat High Court orders in the case of M/s Amul Research and Development Association vs. CBDT, which necessitated the issuance of this Notification. It is further certified that no adverse effects are imposed on any individual by granting retrospective effect to this Notification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
