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...
The GoI through CBDT issued Notification No. 55/2025 exempting Greater Noida Industrial Development Authority from income tax under Section 10(46A) of the Income Tax Act, 1961. The exemption is effective for AY 2024-25, contingent upon the authority maintaining its status under the U.P. Industrial Area Development Act, 1976. The notification specifically applies to the authority with PAN AAALG0129L, providing tax relief subject to continued compliance with statutory requirements for industrial area development purposes.
The GoI through CBDT issued Notification No. 55/2025 exempting Greater Noida Industrial Development Authority from income tax under Section 10(46A) of the Income Tax Act, 1961. The exemption is effective for AY 2024-25, contingent upon the authority maintaining its status under the U.P. Industrial Area Development Act, 1976. The notification specifically applies to the authority with PAN AAALG0129L, providing tax relief subject to continued compliance with statutory requirements for industrial area development purposes.
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