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...
Foreign contribution income recognition based on accrual accounting - assessee recognized income and unspent grant liability for AY 2021-22, offered unspent grant as income in AY 2022-23 along with other receipts - detailed workings provided - unspent grant income offered in subsequent year - no addition warranted in the year under consideration - appeal allowed by Appellate Tribunal deleting the addition made by the Assessing Officer.
Foreign contribution income recognition based on accrual accounting - assessee recognized income and unspent grant liability for AY 2021-22, offered unspent grant as income in AY 2022-23 along with other receipts - detailed workings provided - unspent grant income offered in subsequent year - no addition warranted in the year under consideration - appeal allowed by Appellate Tribunal deleting the addition made by the Assessing Officer.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
