Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Denial of deduction u/s. 10(23C) - Despite the filing of Form 10B during the appellate proceedings, the Tribunal ruled that the primary requirement for claiming deduction under Section 11 was not fulfilled in the return. The appellate authority's decision to not entertain the additional claim for exemption under Section 11 was upheld, emphasizing that the remedy for such cases lies in Section 119 of the Act. The Tribunal dismissed allegations of breach of natural justice and upheld the imposition of interest charges under Section 234B/C.
Denial of deduction u/s. 10(23C) - Despite the filing of Form 10B during the appellate proceedings, the Tribunal ruled that the primary requirement for claiming deduction under Section 11 was not fulfilled in the return. The appellate authority's decision to not entertain the additional claim for exemption under Section 11 was upheld, emphasizing that the remedy for such cases lies in Section 119 of the Act. The Tribunal dismissed allegations of breach of natural justice and upheld the imposition of interest charges under Section 234B/C.
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