Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Court condoned delay in filing IT returns for senior citizen aged 72 years due to genuine hardship of depression and old age. Despite 15-year delay, considering petitioner's small-scale profession, no scrutiny by tax authorities, and long pendency, court invoked Section 119(2)(b) of Income Tax Act and CBDT Circular 09/2015 allowing up to 6 years' condonation on genuine hardship. Relying on precedent, court held petitioner deserved lenient treatment in peculiar facts, allowing writ petition.
Court condoned delay in filing IT returns for senior citizen aged 72 years due to genuine hardship of depression and old age. Despite 15-year delay, considering petitioner's small-scale profession, no scrutiny by tax authorities, and long pendency, court invoked Section 119(2)(b) of Income Tax Act and CBDT Circular 09/2015 allowing up to 6 years' condonation on genuine hardship. Relying on precedent, court held petitioner deserved lenient treatment in peculiar facts, allowing writ petition.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
