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...
Rental income earned on immovable properties owned by his family members - Benami Owner - The Revenue's case relied primarily on a CBI report, which was subsequently dropped. The Appellate Tribunal held that the Revenue failed to prove the assessee's ownership of the properties, especially considering the evidence provided by the assessee and the acceptance of rental income by the Revenue. Consequently, the addition of rental income was directed to be deleted.
Rental income earned on immovable properties owned by his family members - Benami Owner - The Revenue's case relied primarily on a CBI report, which was subsequently dropped. The Appellate Tribunal held that the Revenue failed to prove the assessee's ownership of the properties, especially considering the evidence provided by the assessee and the acceptance of rental income by the Revenue. Consequently, the addition of rental income was directed to be deleted.
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