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 remanded the case back to CIT(A) regarding income from other sources calculation. The tribunal identified an unresolved discrepancy between the assessee's claimed 5.28% and the proposed 15% addition of capital grants and subsidies. The CIT(A) was directed to re-examine the income classification, provide a detailed analysis of the income source, and ensure the assessee receives a fair hearing in accordance with principles of natural justice. The matter requires further adjudication to determine the precise tax treatment of the contested income sources.
ITAT remanded the case back to CIT(A) regarding income from other sources calculation. The tribunal identified an unresolved discrepancy between the assessee's claimed 5.28% and the proposed 15% addition of capital grants and subsidies. The CIT(A) was directed to re-examine the income classification, provide a detailed analysis of the income source, and ensure the assessee receives a fair hearing in accordance with principles of natural justice. The matter requires further adjudication to determine the precise tax treatment of the contested income sources.
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