Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
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The HC allowed the petition under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, holding that the petitioner cannot be deprived of scheme benefits merely because the appeal filed before the Appellate Tribunal was not covered under Section 121(f) of the Finance Act. The court directed the Designated Committee to consider the petitioner's SVLDRS-1 application under Section 123(b), compute tax dues, grant relief under Section 124(1)(a), and issue the requisite form upon tax payment, thereby ensuring the petitioner's entitlement to the scheme's benefits for cess levied under the relevant Act.
The HC allowed the petition under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, holding that the petitioner cannot be deprived of scheme benefits merely because the appeal filed before the Appellate Tribunal was not covered under Section 121(f) of the Finance Act. The court directed the Designated Committee to consider the petitioner's SVLDRS-1 application under Section 123(b), compute tax dues, grant relief under Section 124(1)(a), and issue the requisite form upon tax payment, thereby ensuring the petitioner's entitlement to the scheme's benefits for cess levied under the relevant Act.
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