Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
The High Court considered the reopening of assessment u/s 147 with reference to section 144B, following a proceeding u/s 148A. The petitioner did not respond to the notice u/s 148A (b) and did not request documents as per section 144B. The Court noted that the assessment order was preceded by the section 148A proceeding, including notices u/s 148A (b) and (d). The disclosures in the assessment order were already provided in the section 148A notices. The Court held that the petitioner has an alternative remedy through appeal to address these issues. The petitioner can raise all points before the appellate authority, including requesting document disclosure, upon filing an appeal. The appellate authority can consider these requests after registering the appeal with condonation of any delay, as per the law.
The High Court considered the reopening of assessment u/s 147 with reference to section 144B, following a proceeding u/s 148A. The petitioner did not respond to the notice u/s 148A (b) and did not request documents as per section 144B. The Court noted that the assessment order was preceded by the section 148A proceeding, including notices u/s 148A (b) and (d). The disclosures in the assessment order were already provided in the section 148A notices. The Court held that the petitioner has an alternative remedy through appeal to address these issues. The petitioner can raise all points before the appellate authority, including requesting document disclosure, upon filing an appeal. The appellate authority can consider these requests after registering the appeal with condonation of any delay, as per the law.
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