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 case involves issues related to exemption u/s. 11, 12 & 13. The appellant lacked registration u/s. 12A, and no pending appeal existed. The status of the appellant as a "State" was scrutinized. The ITAT found the Assessing Officer's interpretation of limiting examination to registration u/s. 12A as flawed. The appellant, a renowned government hospital, was denied benefits due to lack of registration, despite eligibility under other provisions. The ITAT restored the case for fresh assessment, permitting the appellant to raise new claims. Citing Goetze (India) Limited case, the AO was directed to consider any fresh claim, even if not previously raised. The appeals were partly allowed for statistical purposes.
The case involves issues related to exemption u/s. 11, 12 & 13. The appellant lacked registration u/s. 12A, and no pending appeal existed. The status of the appellant as a "State" was scrutinized. The ITAT found the Assessing Officer's interpretation of limiting examination to registration u/s. 12A as flawed. The appellant, a renowned government hospital, was denied benefits due to lack of registration, despite eligibility under other provisions. The ITAT restored the case for fresh assessment, permitting the appellant to raise new claims. Citing Goetze (India) Limited case, the AO was directed to consider any fresh claim, even if not previously raised. The appeals were partly allowed for statistical purposes.
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