Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Approval is granted for G.S.L. Medical College and General Hospital under G.S.L. Trust as an institution eligible for Scientific Research recognition for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act for assessment years 2026 27 to 2030 31, subject to compliance with Rule 5E. The trust must file an annual statement in Form No.10BD verified and delivered to the prescribed income tax authority by 31 May following the financial year, may file correction statements, and must furnish donors a certificate in Form No.10BE as prescribed under Rule 18AB.
Approval is granted for G.S.L. Medical College and General Hospital under G.S.L. Trust as an institution eligible for Scientific Research recognition for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act for assessment years 2026 27 to 2030 31, subject to compliance with Rule 5E. The trust must file an annual statement in Form No.10BD verified and delivered to the prescribed income tax authority by 31 May following the financial year, may file correction statements, and must furnish donors a certificate in Form No.10BE as prescribed under Rule 18AB.
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