Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
HC ruled that Section 80IB(10) deduction remains available for AY 2006-2007, with Section 80AC restriction not retroactively applicable. The benefit can be claimed for AY 2007-2008 onwards, subject to potential legal challenge in separate proceedings. The substantial questions of law were partly answered against the assessee for AY 2007-2008 to 2011-2012, while AY 2006-2007 was decided in the assessee's favor, consistent with precedential judicial interpretations regarding tax deduction provisions.
HC ruled that Section 80IB(10) deduction remains available for AY 2006-2007, with Section 80AC restriction not retroactively applicable. The benefit can be claimed for AY 2007-2008 onwards, subject to potential legal challenge in separate proceedings. The substantial questions of law were partly answered against the assessee for AY 2007-2008 to 2011-2012, while AY 2006-2007 was decided in the assessee's favor, consistent with precedential judicial interpretations regarding tax deduction provisions.
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