At the stage of granting registration under section 12AA, stage of granting registration CIT(E) was not required to examine application of income
Be cautious : It is held that AO was right in denying interest & salary paid to partners as firm failed to comply with sec. 142(1) notice:
Section 276B invariably provides for Prosecution for delay in payment of TDS and prosecution in such case is confirmed by court
Not only car, even purchase of electric two wheeler will offer tax benefit u/s 80EEB – A welcome proposal in Union Budget – II
Trust eligible for benefit of sec. 11, though ITR was filed in response to reassessment notice: ITAT Delhi