Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Worked mica in the two live consignments was correctly classified under tariff item 68149090 because the test reports and physical examination showed processed mica beyond crude mica or mere rifting, and the differential duty on those consignments was upheld. Test reports from those consignments could not be extrapolated to past consignments without samples or evidence for each Bill of Entry, so the demand on the past 72 consignments was unsustainable. The dispute was held to be one of classification, with no suppression, willful misstatement or collusion shown, so extended limitation under Section 28(4) could not be invoked. As there was no material misdeclaration or false document, confiscation, redemption fine and penalties under Sections 111(m), 112, 114A and 114AA were set aside.
Worked mica in the two live consignments was correctly classified under tariff item 68149090 because the test reports and physical examination showed processed mica beyond crude mica or mere rifting, and the differential duty on those consignments was upheld. Test reports from those consignments could not be extrapolated to past consignments without samples or evidence for each Bill of Entry, so the demand on the past 72 consignments was unsustainable. The dispute was held to be one of classification, with no suppression, willful misstatement or collusion shown, so extended limitation under Section 28(4) could not be invoked. As there was no material misdeclaration or false document, confiscation, redemption fine and penalties under Sections 111(m), 112, 114A and 114AA were set aside.
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