Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Retrospective cancellation of GST registration was held permissible because section 29(2) expressly allows cancellation from any date, including a past date, and the second proviso authorises suspension of registration during pending cancellation proceedings. The HC rejected the contention that suspension cannot operate retrospectively. It also declined to entertain the challenge to the cancellation provisions and the show cause notice, noting that fraud was alleged, time and personal hearing were granted, and the petitioner had filed no reply despite opportunity. The writ was dismissed, leaving the petitioner to raise all available pleas in response to the notice.
Retrospective cancellation of GST registration was held permissible because section 29(2) expressly allows cancellation from any date, including a past date, and the second proviso authorises suspension of registration during pending cancellation proceedings. The HC rejected the contention that suspension cannot operate retrospectively. It also declined to entertain the challenge to the cancellation provisions and the show cause notice, noting that fraud was alleged, time and personal hearing were granted, and the petitioner had filed no reply despite opportunity. The writ was dismissed, leaving the petitioner to raise all available pleas in response to the notice.
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