Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Rectification of mistake u/s 254 - Deduction u/s 80IB - Delay in filing of return of income (ITR) - The High Court, while acknowledging the belated filing of the ROI, condoned the delay considering the circumstances and directed the income tax authority to consider the petitioner's claim for deduction without factoring in the delay. The Court quashed the original assessment order and remanded the matter to the Assessing Officer (AO) for fresh assessment.
Rectification of mistake u/s 254 - Deduction u/s 80IB - Delay in filing of return of income (ITR) - The High Court, while acknowledging the belated filing of the ROI, condoned the delay considering the circumstances and directed the income tax authority to consider the petitioner's claim for deduction without factoring in the delay. The Court quashed the original assessment order and remanded the matter to the Assessing Officer (AO) for fresh assessment.
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