Scientific research association approval requires continuing SIRO status, annual donation reporting, and donor certificates for the approved foundatio...
Scientific research institution approval is conditional on SIRO recognition, annual donation reporting, donor certification, and prescribed compliance...
The Assessing Officer (AO) erred in considering the agreed rent as per the agreement instead of the actual rent received from M/s. Mobivil Technologies India Pvt. Ltd. of Rs. 3,74,879/- and TDS deducted thereon of Rs. 37,492/-. The addition made by the AO on the difference between the actual rent received and agreed rent was unjustified. The assessee raised bills under "office rent" and paid CGST & SGST on the monthly rent received. Therefore, the addition made by the AO and confirmed by the CIT(A) was deleted.
The Assessing Officer (AO) erred in considering the agreed rent as per the agreement instead of the actual rent received from M/s. Mobivil Technologies India Pvt. Ltd. of Rs. 3,74,879/- and TDS deducted thereon of Rs. 37,492/-. The addition made by the AO on the difference between the actual rent received and agreed rent was unjustified. The assessee raised bills under "office rent" and paid CGST & SGST on the monthly rent received. Therefore, the addition made by the AO and confirmed by the CIT(A) was deleted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
