Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Assessee maintained separate books of accounts and furnished audited financial statements for each eligible infrastructure project, fulfilling conditions for deduction u/s 80IA. CIT(A) rightly allowed deduction, following precedent. Unverified credit balances cannot be added as payments were made through cheques and reflected in books. Ad hoc disallowances of expenses and wages deleted by CIT(A) based on Tribunal decisions. TDS u/s 194H not deducted on petty commission payments below Rs. 5,000, rightly deleted by CIT(A). Assessee opted for Vivad se Vishwas Scheme, paid identified tax, eligible for refund. Cross-objection withdrawn with liberty to restore if dispute not settled under scheme. No interference warranted in CIT(A)'s well-reasoned order.
Assessee maintained separate books of accounts and furnished audited financial statements for each eligible infrastructure project, fulfilling conditions for deduction u/s 80IA. CIT(A) rightly allowed deduction, following precedent. Unverified credit balances cannot be added as payments were made through cheques and reflected in books. Ad hoc disallowances of expenses and wages deleted by CIT(A) based on Tribunal decisions. TDS u/s 194H not deducted on petty commission payments below Rs. 5,000, rightly deleted by CIT(A). Assessee opted for Vivad se Vishwas Scheme, paid identified tax, eligible for refund. Cross-objection withdrawn with liberty to restore if dispute not settled under scheme. No interference warranted in CIT(A)'s well-reasoned order.
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