Day: October 15, 2020

Procedure for opening & operating the designated “FCRA Account”  under amended Section 17(1) of The Foreign  Contribution (Regulation) Act , 2010 F.No. II/21022/23(35)/2019-FCRA-IIIGovernment of IndiaMinistry of Home AffairsForeigners Division, FCRA Wing First Floor, Major Dhyan Chand National StadiumIndia Gate Circle, New Delhi-110001 Dated : 13th October, 2020 PUBLIC …

Rent of shops let out in shopping Mall if business income or income from house property – SC dismissed Revenue’s SLP ABCAUS Case Law CitationABCAUS 3407 (2020) (10) SC Important case law relied upon by the parties:Raj Dadarkar & Associates v. Assistant Commissioner of Income-taxPrincipal Commissioner of Income …

Inadequate enquiry or insufficient material on record cannot be a ground to invoke powers under Section 263 of the Act ABCAUS Case Law CitationABCAUS 3406 (2020) (10) HC Important case law relied upon by the parties:Malabar Industrial Company vs.  CIT 243 ITR 833CIT vs. Max India Ltd. 295 …