PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Nature of Payment - Construction Activities and Taxability - relinquishment of trusteeship - Another set of appeals revolved around payments made to erstwhile trustees for construction activities and whether these amounts were genuinely for construction or disguised payments for relinquishing trusteeship. The Tribunal had found construction activity to be genuine and the payments for construction not taxable as income from the relinquishment of trusteeship. The High Court upheld the Tribunal's decision, finding no reason to interfere, particularly noting the reliance on audited balance sheets and TDS payments.
Nature of Payment - Construction Activities and Taxability - relinquishment of trusteeship - Another set of appeals revolved around payments made to erstwhile trustees for construction activities and whether these amounts were genuinely for construction or disguised payments for relinquishing trusteeship. The Tribunal had found construction activity to be genuine and the payments for construction not taxable as income from the relinquishment of trusteeship. The High Court upheld the Tribunal's decision, finding no reason to interfere, particularly noting the reliance on audited balance sheets and TDS payments.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
