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...
An institute was accorded approval under section 35(1)(iia) of the Income-tax Act, 1961 read with Rule 5F of the Income-tax Rules, 1962, for carrying out scientific research, by the Principal Chief Commissioner of Income Tax (Exemptions). The notification grants this approval retrospectively and is effective for five assessment years, A.Y. 2022-23 through A.Y. 2026-27. The explanatory memorandum certifies that no person is adversely affected by granting retrospective effect.
An institute was accorded approval under section 35(1)(iia) of the Income-tax Act, 1961 read with Rule 5F of the Income-tax Rules, 1962, for carrying out scientific research, by the Principal Chief Commissioner of Income Tax (Exemptions). The notification grants this approval retrospectively and is effective for five assessment years, A.Y. 2022-23 through A.Y. 2026-27. The explanatory memorandum certifies that no person is adversely affected by granting retrospective effect.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
