Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
A statutory authority does not lose charitable character under the general public utility limb merely because, while pursuing its statutory objects, it earns receipts or undertakes activities with commercial attributes such as sale of plots. Applying the Supreme Court ruling in the assessee's own case, the court treated the issue as concluded on merits and held that cancellation of registration was not justified. The registration was therefore held to continue, and the challenge to cancellation under Section 12AA failed.
A statutory authority does not lose charitable character under the general public utility limb merely because, while pursuing its statutory objects, it earns receipts or undertakes activities with commercial attributes such as sale of plots. Applying the Supreme Court ruling in the assessee's own case, the court treated the issue as concluded on merits and held that cancellation of registration was not justified. The registration was therefore held to continue, and the challenge to cancellation under Section 12AA failed.
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