Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
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Jurisdiction assumed by DCIT not challenged within stipulated period, hence cannot be questioned now. Addition u/s 68 not sustainable as summary of receipts discloses names, addresses, and telephone numbers of donors with specific directions for contributions. Matter remanded to verify authenticity of summary receipts and copies of receipts issued. Notice u/s 143(2) issued prior to intimation u/s 143(1) valid as per Supreme Court ruling in CIT vs. Gujarat Electricity Board case, where processing u/s 143(1) subsequent to notice u/s 143(2) does not invalidate the notice.
Jurisdiction assumed by DCIT not challenged within stipulated period, hence cannot be questioned now. Addition u/s 68 not sustainable as summary of receipts discloses names, addresses, and telephone numbers of donors with specific directions for contributions. Matter remanded to verify authenticity of summary receipts and copies of receipts issued. Notice u/s 143(2) issued prior to intimation u/s 143(1) valid as per Supreme Court ruling in CIT vs. Gujarat Electricity Board case, where processing u/s 143(1) subsequent to notice u/s 143(2) does not invalidate the notice.
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