Belated Form 10B filing during Covid-19 cannot defeat charitable exemption where genuine hardship warrants condonation and substantial justice prevail...
Limitation for consequential assessments runs from prescribed authority receipt, while verified purchases cannot be disallowed merely for unanswered s...
Higher depreciation for qualifying commercial vehicles, exempt-income disallowance, research deduction verification, and club-expense treatment clarif...
Charitable registration renewal cannot become an assessment of receipts, profitability or annual exemption compliance, requiring renewal and donation ...
AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
Sub-section (1) in Section 7 amended to exempt Extra Neutral Alcohol used for manufacturing alcoholic liquor for human consumption from Union Territory tax. Section 8A inserted to regularize non-levy or short levy of Union Territory tax resulting from general practice, empowering Government in this regard.
Sub-section (1) in Section 7 amended to exempt Extra Neutral Alcohol used for manufacturing alcoholic liquor for human consumption from Union Territory tax. Section 8A inserted to regularize non-levy or short levy of Union Territory tax resulting from general practice, empowering Government in this regard.
Note: It is a system-generated summary and is for quick reference only.