PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Rental income determination - assessee jointly owns 50% house property in Singapore with wife - offered 100% rental income for AY 2014-15 erroneously, rectified in revised return offering 50% - lower authorities accepted revised return - no specific grievance raised by assessee. Additional ground for 50% rental income assessability not pressed. Penalty u/s 271(1)(c) deleted - no willful concealment as revised return filed rectifying errors, income accepted by revenue - penalty levy not justified based on Supreme Court ruling.
Rental income determination - assessee jointly owns 50% house property in Singapore with wife - offered 100% rental income for AY 2014-15 erroneously, rectified in revised return offering 50% - lower authorities accepted revised return - no specific grievance raised by assessee. Additional ground for 50% rental income assessability not pressed. Penalty u/s 271(1)(c) deleted - no willful concealment as revised return filed rectifying errors, income accepted by revenue - penalty levy not justified based on Supreme Court ruling.
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