Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Central Silk Board, Bengaluru (PAN: AAALC0093M) is exempted from income tax u/s 10(46) of the IT Act, 1961 on specified incomes like grants, compensation from property sale, royalties, penalties, fees for services, and interest income. The exemption is subject to non-commercial activities, unchanged nature of specified income, and filing returns. It is applicable for AYs 2024-25 to 2028-29.
Central Silk Board, Bengaluru (PAN: AAALC0093M) is exempted from income tax u/s 10(46) of the IT Act, 1961 on specified incomes like grants, compensation from property sale, royalties, penalties, fees for services, and interest income. The exemption is subject to non-commercial activities, unchanged nature of specified income, and filing returns. It is applicable for AYs 2024-25 to 2028-29.
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