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...
Rental income correctly classified as "income from house property" rather than "income from business" despite composite rent including amenities charges. TDS deducted appropriately u/ss 194I and 194C. Assessee maintained separate books, audited financials bifurcating rental income and service charges. AO accepted this treatment for multiple years. CIT(A) erred in overlooking evidence. Directed AO to consider rental income under "income from house property" and amenities charges under "income from business", allowing deductions. Disallowance of interest expenses for lack of nexus to business remitted to AO for re-examination after providing opportunity to assessee to substantiate availability of own funds as per Reliance Utilities case. Disallowance of brought forward book loss adjustment against book profits u/s 115JB remitted to AO with direction to provide opportunity to assessee to substantiate. Disallowance of interest expenses despite availability of own funds remitted to AO for verification after giving assessee an opportunity.
Rental income correctly classified as "income from house property" rather than "income from business" despite composite rent including amenities charges. TDS deducted appropriately u/ss 194I and 194C. Assessee maintained separate books, audited financials bifurcating rental income and service charges. AO accepted this treatment for multiple years. CIT(A) erred in overlooking evidence. Directed AO to consider rental income under "income from house property" and amenities charges under "income from business", allowing deductions. Disallowance of interest expenses for lack of nexus to business remitted to AO for re-examination after providing opportunity to assessee to substantiate availability of own funds as per Reliance Utilities case. Disallowance of brought forward book loss adjustment against book profits u/s 115JB remitted to AO with direction to provide opportunity to assessee to substantiate. Disallowance of interest expenses despite availability of own funds remitted to AO for verification after giving assessee an opportunity.
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