Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
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The case involves a dispute regarding the deduction claim u/s 80P of the Income Tax Act by a cooperative society based on Notification No. SRO 1800 issued under the repealed Act. The Appellate Tribunal held that the introduction of Section 80P specifically for cooperative societies supersedes the previous notification. The Tribunal emphasized that deduction/exemption provisions are similar and that the notification stands withdrawn as per Section 297 of the Act. The Tribunal referred to relevant case law and concluded that the cooperative society is not eligible for the claimed benefit under Section 80P as it does not meet the necessary criteria. The appeal by the assessee was dismissed based on these findings.
The case involves a dispute regarding the deduction claim u/s 80P of the Income Tax Act by a cooperative society based on Notification No. SRO 1800 issued under the repealed Act. The Appellate Tribunal held that the introduction of Section 80P specifically for cooperative societies supersedes the previous notification. The Tribunal emphasized that deduction/exemption provisions are similar and that the notification stands withdrawn as per Section 297 of the Act. The Tribunal referred to relevant case law and concluded that the cooperative society is not eligible for the claimed benefit under Section 80P as it does not meet the necessary criteria. The appeal by the assessee was dismissed based on these findings.
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