Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
CBDT exercised authority under Sec 138(1)(a) of Income Tax Act to designate DGIT (Systems) as specified authority for sharing taxpayer information with DFPD to identify PMGKAY beneficiaries. The information sharing mechanism requires DFPD to provide Aadhaar/PAN details, whereupon DGIT Systems will respond with Yes/No/Not Available flags regarding income thresholds. For Aadhaar numbers not linked to PAN, unavailability will be indicated. The process necessitates an MoU between DGIT Systems and DFPD covering data transfer protocols, confidentiality measures, and preservation standards. The MoU must establish timelines and operational procedures while ensuring data security and appropriate disposal after use.
CBDT exercised authority under Sec 138(1)(a) of Income Tax Act to designate DGIT (Systems) as specified authority for sharing taxpayer information with DFPD to identify PMGKAY beneficiaries. The information sharing mechanism requires DFPD to provide Aadhaar/PAN details, whereupon DGIT Systems will respond with Yes/No/Not Available flags regarding income thresholds. For Aadhaar numbers not linked to PAN, unavailability will be indicated. The process necessitates an MoU between DGIT Systems and DFPD covering data transfer protocols, confidentiality measures, and preservation standards. The MoU must establish timelines and operational procedures while ensuring data security and appropriate disposal after use.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
