Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
The High Court considered a petition seeking revocation of a provisional attachment order u/s 281B of Fixed Deposit Receipts (FDRs). The ACIT (Hq) on behalf of PCIT (Central), Kanpur Nagar, approved the extension of the attachment. The assessee requested release of FDRs due to business hardship. The High Court order was referenced. The Ld. PCIT (Central) Kanpur revoked all provisional attachments u/s 281B. Immediate steps were directed for releasing the FDRs, with an action report due within a week. Corrective action was noted in response to the petition.
The High Court considered a petition seeking revocation of a provisional attachment order u/s 281B of Fixed Deposit Receipts (FDRs). The ACIT (Hq) on behalf of PCIT (Central), Kanpur Nagar, approved the extension of the attachment. The assessee requested release of FDRs due to business hardship. The High Court order was referenced. The Ld. PCIT (Central) Kanpur revoked all provisional attachments u/s 281B. Immediate steps were directed for releasing the FDRs, with an action report due within a week. Corrective action was noted in response to the petition.
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