Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
The CIT(A) has wide powers akin to reassessment. Once an assessment order is before CIT(A), its powers are not restricted to examining only grievances raised by the assessee but extend to the entire assessment to correct the AO. Under sec 250(4), CIT(A) can make further enquiries, fresh assessments and determine tax payability. Even if AO concluded income is non-taxable, CIT(A) can take a different view and bring that income to tax. Relying on Supreme Court decisions, ITAT held that the appellate authority has all original authority's powers, subject to statutory restrictions. Allowing the appeal for statistical purposes, ITAT emphasised the need for thorough and compliant adjudication.
The CIT(A) has wide powers akin to reassessment. Once an assessment order is before CIT(A), its powers are not restricted to examining only grievances raised by the assessee but extend to the entire assessment to correct the AO. Under sec 250(4), CIT(A) can make further enquiries, fresh assessments and determine tax payability. Even if AO concluded income is non-taxable, CIT(A) can take a different view and bring that income to tax. Relying on Supreme Court decisions, ITAT held that the appellate authority has all original authority's powers, subject to statutory restrictions. Allowing the appeal for statistical purposes, ITAT emphasised the need for thorough and compliant adjudication.
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