No penalty leviable when the assessee had acted in terms of the law prevailing at the relevant point of time: Madras High Court
Whether TDS is applicable on internet connectivity charges and specialised line rental u/s 194J of the Act being in the nature of royalty?
Rule 8D cannot be invoked and applied unless the Assessing Officer records his dissatisfaction regarding correctness of the claim made by the assessee in relation to expenditure incurred to earn exempt income
Rejection of refund without considering assessee|s reply and also without affording an opportunity of personal hearing was in violation of the principles of natural justice.
