Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
The Central Government approved The Ahmedabad University, Ahmedabad, Gujarat, for scientific research as a university or other institution under section 35(1)(ii) of the Income-tax Act, 1961 read with Rules 5C and 5E. The approval applies for assessment years 2026-27 to 2030-31, subject to compliance with Rule 5E and the reporting and certification requirements under Rule 18AB. The institution must furnish the annual statement in Form 10BD by 31 May following the financial year of receipt, may file correction statements to rectify or update details, and must issue donors a certificate in Form 10BE specifying the donation amount within the prescribed time.
The Central Government approved The Ahmedabad University, Ahmedabad, Gujarat, for scientific research as a university or other institution under section 35(1)(ii) of the Income-tax Act, 1961 read with Rules 5C and 5E. The approval applies for assessment years 2026-27 to 2030-31, subject to compliance with Rule 5E and the reporting and certification requirements under Rule 18AB. The institution must furnish the annual statement in Form 10BD by 31 May following the financial year of receipt, may file correction statements to rectify or update details, and must issue donors a certificate in Form 10BE specifying the donation amount within the prescribed time.
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