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...
CBDT issued an order under section 138(1)(a) of the Income-tax Act, 1961, superseding its earlier 2016 directive, designating the Director General of Income-tax (Systems) as the specified authority to furnish taxpayer information to the Ministry of Petroleum & Natural Gas. The order establishes a framework requiring MoP&NG to provide Aadhaar numbers or PANs with assessment years, whereupon DGIT (Systems) must respond with income tax return filing status and threshold income verification for amounts exceeding ten lakhs. Where Aadhaar-PAN linkage is absent, unavailability flags must be provided. The arrangement requires modification of existing MOU provisions covering data transfer protocols, confidentiality maintenance, and information preservation mechanisms between the revenue department and petroleum ministry.
CBDT issued an order under section 138(1)(a) of the Income-tax Act, 1961, superseding its earlier 2016 directive, designating the Director General of Income-tax (Systems) as the specified authority to furnish taxpayer information to the Ministry of Petroleum & Natural Gas. The order establishes a framework requiring MoP&NG to provide Aadhaar numbers or PANs with assessment years, whereupon DGIT (Systems) must respond with income tax return filing status and threshold income verification for amounts exceeding ten lakhs. Where Aadhaar-PAN linkage is absent, unavailability flags must be provided. The arrangement requires modification of existing MOU provisions covering data transfer protocols, confidentiality maintenance, and information preservation mechanisms between the revenue department and petroleum ministry.
Note: It is a system-generated summary and is for quick reference only.