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...
ITAT examined the taxability of ex-gratia payment received by the assessee on cessation of employment. Noting a coordinate bench decision on identical facts holding similar ex-gratia from the same employer as non-taxable, ITAT set aside the order of the Ld. CIT(A)/NFAC. The matter was remanded to the Jurisdictional AO to re-adjudicate the taxability of the ex-gratia payment afresh in light of the employer's letter and after granting due opportunity of hearing. Issues relating to set-off of house property loss and deduction under s. 80TTA were also remitted to the AO for fresh consideration. All relevant grounds were treated as allowed for statistical purposes.
ITAT examined the taxability of ex-gratia payment received by the assessee on cessation of employment. Noting a coordinate bench decision on identical facts holding similar ex-gratia from the same employer as non-taxable, ITAT set aside the order of the Ld. CIT(A)/NFAC. The matter was remanded to the Jurisdictional AO to re-adjudicate the taxability of the ex-gratia payment afresh in light of the employer's letter and after granting due opportunity of hearing. Issues relating to set-off of house property loss and deduction under s. 80TTA were also remitted to the AO for fresh consideration. All relevant grounds were treated as allowed for statistical purposes.
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