Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
Educational trust's appeal against denial of exemption u/s 10(23C)(iiiad) was allowed by ITAT. The trust, established in 1962, exclusively provides government-recognized educational services with annual income below Rs. 5 crores. ITAT found the institution satisfied all statutory requirements as it existed solely for educational purposes since inception, with no competing activities. The tribunal determined the trust's educational focus was uncontested by revenue authorities and met the criteria for tax exemption. The demand notice was nullified as the trust qualified for relief under 10(23C)(iiiad). ITAT directed revenue authorities to process exemption and withdraw assessment proceedings.
Educational trust's appeal against denial of exemption u/s 10(23C)(iiiad) was allowed by ITAT. The trust, established in 1962, exclusively provides government-recognized educational services with annual income below Rs. 5 crores. ITAT found the institution satisfied all statutory requirements as it existed solely for educational purposes since inception, with no competing activities. The tribunal determined the trust's educational focus was uncontested by revenue authorities and met the criteria for tax exemption. The demand notice was nullified as the trust qualified for relief under 10(23C)(iiiad). ITAT directed revenue authorities to process exemption and withdraw assessment proceedings.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
