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...
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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...
The ITAT, an Appellate Tribunal, considered a case involving a revision u/s 263 by the CIT regarding the eligibility to claim deduction u/s 80G for donations made under CSR activities. The ITAT held that the Principal CIT should conduct necessary inquiries before deeming the AO's order as erroneous. It was emphasized that if queries were raised during assessment and responded to by the assessee, it does not imply a lack of application of mind by the AO. The ITAT found the assessee eligible for the deduction u/s 80G, with no dispute on the genuineness of contributions. As the AO had applied his mind and verified facts, the ITAT set aside the CIT's order, ruling in favor of the assessee.
The ITAT, an Appellate Tribunal, considered a case involving a revision u/s 263 by the CIT regarding the eligibility to claim deduction u/s 80G for donations made under CSR activities. The ITAT held that the Principal CIT should conduct necessary inquiries before deeming the AO's order as erroneous. It was emphasized that if queries were raised during assessment and responded to by the assessee, it does not imply a lack of application of mind by the AO. The ITAT found the assessee eligible for the deduction u/s 80G, with no dispute on the genuineness of contributions. As the AO had applied his mind and verified facts, the ITAT set aside the CIT's order, ruling in favor of the assessee.
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