Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
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HC held that income tax exemption under Section 10(26) for Scheduled Tribes is only applicable when income accrues in specified areas under Sixth Schedule. The interest on compensation was deemed to have accrued in North Lakhimpur, Assam, which does not fall within Sixth Schedule areas. Railway Tribunal's orders directing NF Railway to refund tax deducted at source were set aside, as mere tribal status from Arunachal Pradesh was insufficient grounds for exemption. The geographical location of income accrual, not tribal status alone, determines eligibility for tax exemption under Section 10(26).
HC held that income tax exemption under Section 10(26) for Scheduled Tribes is only applicable when income accrues in specified areas under Sixth Schedule. The interest on compensation was deemed to have accrued in North Lakhimpur, Assam, which does not fall within Sixth Schedule areas. Railway Tribunal's orders directing NF Railway to refund tax deducted at source were set aside, as mere tribal status from Arunachal Pradesh was insufficient grounds for exemption. The geographical location of income accrual, not tribal status alone, determines eligibility for tax exemption under Section 10(26).
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