Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The principal tax authority under section 35(1)(iia) of the Income-tax Act, 1961, read with Rule 5F, has approved a company's activities as qualifying "scientific research" for tax purposes. The approval applies from 1 April 2025 to 31 March 2030 (assessment years 2026-27 through 2030-31). The notification is issued by the Principal Chief Commissioner of Income Tax (Exemptions) and includes an explanatory memorandum certifying that no person is adversely affected by giving the notification retrospective effect.
The principal tax authority under section 35(1)(iia) of the Income-tax Act, 1961, read with Rule 5F, has approved a company's activities as qualifying "scientific research" for tax purposes. The approval applies from 1 April 2025 to 31 March 2030 (assessment years 2026-27 through 2030-31). The notification is issued by the Principal Chief Commissioner of Income Tax (Exemptions) and includes an explanatory memorandum certifying that no person is adversely affected by giving the notification retrospective effect.
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TaxTMI 
TaxTMI 
