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...
ITAT held that the CPC lacks authority to unilaterally modify the assessee's tax option from normal to special rate under section 115BAA during ITR processing. The CPC's adjustment exceeds the scope of section 143(1)(a) powers. The tribunal supported the assessee's original declaration of "No" for section 115BAA applicability and directed the Assessing Officer to respect the original ITR filing. The tribunal's ruling emphasizes procedural limitations on administrative tax processing, affirming taxpayer's right to elect taxation methodology without unauthorized administrative intervention.
ITAT held that the CPC lacks authority to unilaterally modify the assessee's tax option from normal to special rate under section 115BAA during ITR processing. The CPC's adjustment exceeds the scope of section 143(1)(a) powers. The tribunal supported the assessee's original declaration of "No" for section 115BAA applicability and directed the Assessing Officer to respect the original ITR filing. The tribunal's ruling emphasizes procedural limitations on administrative tax processing, affirming taxpayer's right to elect taxation methodology without unauthorized administrative intervention.
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