Transfer pricing comparables selection and working capital adjustment u/r 10B(1)(e)(iii), remanded for recomputation with rejected comparables include...
Company oppression/mismanagement petition amendments and maintainability after alleged share transfer and forgery claims; tribunal order quashed for l...
Notification grants tax exemption to the District Legal Service Authority, Faridabad for specified income categories - grants from judicial and legal services bodies, government grants or donations, amounts received under court orders, recruitment application fees, and bank deposit interest; the effect is exempt treatment of those receipts. Exemption is conditional: no commercial activity, unchanged activities and income character, and mandated filing of income return under prescribed provisions; breach may trigger penalties and withdrawal of exemption. The notification is made retrospectively for assessment years 2023-2026 and prospectively for 2026-2028.
Notification grants tax exemption to the District Legal Service Authority, Faridabad for specified income categories - grants from judicial and legal services bodies, government grants or donations, amounts received under court orders, recruitment application fees, and bank deposit interest; the effect is exempt treatment of those receipts. Exemption is conditional: no commercial activity, unchanged activities and income character, and mandated filing of income return under prescribed provisions; breach may trigger penalties and withdrawal of exemption. The notification is made retrospectively for assessment years 2023-2026 and prospectively for 2026-2028.
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