The High Court held that penalty under Section 271D cannot be levied without the Assessing Officer recording satisfaction regarding violation of Section 269SS. In the absence of such finding in the ...
Draft tax rules propose raising mandatory PAN requirement for property deals to ₹20 lakh from April 1, 2026, easing compliance for small and first-time buyers ...
The Court reiterated that judicial review in contractual matters is limited to cases of arbitrariness, mala fides, or bias. Finding no such infirmity, it upheld the rejection of the technical ...