Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
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Denial of charitable exemption turned on whether the appellant's activities were charitable or primarily professional advisory services and on retention of donations vis-a -vis the applicable monetary threshold for incidental commercial activity. The court accepted the Assessing Officer's arithmetic of total donations and retained amount against the monetary threshold from precedent, found no retention but a deficit in the relevant years, and concluded that exemption for charitable purpose should not be denied. Both substantive questions for the year were decided for the assessee and the appeal was allowed without remand.
Denial of charitable exemption turned on whether the appellant's activities were charitable or primarily professional advisory services and on retention of donations vis-a -vis the applicable monetary threshold for incidental commercial activity. The court accepted the Assessing Officer's arithmetic of total donations and retained amount against the monetary threshold from precedent, found no retention but a deficit in the relevant years, and concluded that exemption for charitable purpose should not be denied. Both substantive questions for the year were decided for the assessee and the appeal was allowed without remand.
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