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...
Duplicative GST proceedings on the same issues and assessment period cannot be sustained where central GST authorities have already issued an adjudication order that remains pending in appeal. The High Court found that the subsequent State GST assessment and rectification orders addressed matters already decided in the earlier central GST order. It therefore quashed the State GST orders and allowed the writ petition, preventing parallel adjudication of identical GST issues for the same period.
Duplicative GST proceedings on the same issues and assessment period cannot be sustained where central GST authorities have already issued an adjudication order that remains pending in appeal. The High Court found that the subsequent State GST assessment and rectification orders addressed matters already decided in the earlier central GST order. It therefore quashed the State GST orders and allowed the writ petition, preventing parallel adjudication of identical GST issues for the same period.
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