PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
The Appellate Tribunal (ITAT) considered whether the Central Processing Centre (CPC) was justified in denying the benefit of the New Tax Regime to an individual taxpayer who failed to submit Form No.10IE on time. The taxpayer filed their return of income u/s 115BAC but submitted the form late. The ITAT held that while the form is not mandatory but directory, the CPC should have considered it as it was available at the time of processing. The ITAT directed the CPC to amend the intimation to include the Form No.10IE and grant the benefit of the New Tax Regime to the taxpayer.
The Appellate Tribunal (ITAT) considered whether the Central Processing Centre (CPC) was justified in denying the benefit of the New Tax Regime to an individual taxpayer who failed to submit Form No.10IE on time. The taxpayer filed their return of income u/s 115BAC but submitted the form late. The ITAT held that while the form is not mandatory but directory, the CPC should have considered it as it was available at the time of processing. The ITAT directed the CPC to amend the intimation to include the Form No.10IE and grant the benefit of the New Tax Regime to the taxpayer.
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