Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
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Corpus donations, being distinct from incomes derived from trust property, are granted exemption separately u/s 11(1)(a) and 11(1)(d) of the Act. There is no overlapping exemption. Different incomes recognized for exemption have been separately granted exemption. Corpus donations cannot claim exemption under both sub-clauses (d) and (a) of Section 11(1). The assessee was unable to point out any infirmity in this interpretation during the hearing before the Appellate Tribunal. The decisions relied upon by the assessee were either distinguishable on facts or rendered without considering the clear provision of law. The assessee's appeal seeking exemption u/s 11(1)(a) for corpus donations received was dismissed.
Corpus donations, being distinct from incomes derived from trust property, are granted exemption separately u/s 11(1)(a) and 11(1)(d) of the Act. There is no overlapping exemption. Different incomes recognized for exemption have been separately granted exemption. Corpus donations cannot claim exemption under both sub-clauses (d) and (a) of Section 11(1). The assessee was unable to point out any infirmity in this interpretation during the hearing before the Appellate Tribunal. The decisions relied upon by the assessee were either distinguishable on facts or rendered without considering the clear provision of law. The assessee's appeal seeking exemption u/s 11(1)(a) for corpus donations received was dismissed.
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