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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Prima facie material at the discharge and charge-framing stage need only raise a strong suspicion of the accused's involvement; the court must not conduct a roving inquiry or weigh evidence as at trial. The notes state that the petitioner was a trustee when a loan was allegedly obtained through fraudulent documents, diverted from its stated purpose, and linked to laundering of proceeds of crime. On that material, the Trial Court's refusal to discharge was affirmed and the criminal revision was dismissed.
Prima facie material at the discharge and charge-framing stage need only raise a strong suspicion of the accused's involvement; the court must not conduct a roving inquiry or weigh evidence as at trial. The notes state that the petitioner was a trustee when a loan was allegedly obtained through fraudulent documents, diverted from its stated purpose, and linked to laundering of proceeds of crime. On that material, the Trial Court's refusal to discharge was affirmed and the criminal revision was dismissed.
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