Online Tax Payment – No interest chargeable for late deposit of amount in Government Treasury if the amount is debited before due date
Tendering of Cheque to the Bank is to be considered as the date of payment- No interest chargeable in such cases
Amending its objects to clarify certain things has no impact on trust’s registration; SC dismissed SLP
No denial of sec. 80-IB relief merely on ground that developer didn’t undertake construction of property itself
Controversial issue: Income of minor to be taxed in hands of grandfather who is maintaining him after death of his parents
If AO after due diligence and enquiry has reached to a conclusion then the Principal CIT or CIT cannot exercise powers u/s 263
Whether exemption u/s 10A is to be computed before setoff of brought forward losses and unabsorbed depreciation – YES: HC