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...
Assessee allowed to opt for concessional tax rate u/s 115BAC(5)(i) for AY 2023-24 based on Form 10IE submitted late for previous AY, subject to fulfilling other legal requirements. ITAT held that once Form 10IE rejected for late submission in earlier AY, law does not debar assessee from submitting fresh form before due date of subsequent AY's ITR to avail new tax regime benefits. No revenue loss caused by permitting option exercise for next AY based on earlier rejected form.
Assessee allowed to opt for concessional tax rate u/s 115BAC(5)(i) for AY 2023-24 based on Form 10IE submitted late for previous AY, subject to fulfilling other legal requirements. ITAT held that once Form 10IE rejected for late submission in earlier AY, law does not debar assessee from submitting fresh form before due date of subsequent AY's ITR to avail new tax regime benefits. No revenue loss caused by permitting option exercise for next AY based on earlier rejected form.
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