Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Assessee opted for special tax rate u/s 115BAC but CPC denied benefit citing non-filing of Form-10-IE. ITAT held that Section 115BAC(5)(ii) allows salaried employees to exercise option without filing Form-10-IE, applicable only for business/profession income. Assessee followed procedure under Act, hence ITAT set aside Revenue Authorities' order and allowed assessee's appeal.
Assessee opted for special tax rate u/s 115BAC but CPC denied benefit citing non-filing of Form-10-IE. ITAT held that Section 115BAC(5)(ii) allows salaried employees to exercise option without filing Form-10-IE, applicable only for business/profession income. Assessee followed procedure under Act, hence ITAT set aside Revenue Authorities' order and allowed assessee's appeal.
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