Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Specified allowances payable to High Court and Supreme Court Judges are, prima facie, excluded from salary-income computation under overriding non-obstante clauses governing judicial service conditions. They are treated as receipts not in the nature of income rather than deductions or exemptions, so the optional new tax regime's restrictions on deductions and exemptions do not appear to apply. Pending consideration of the writ petition, Judges may disclose these allowances as non-income receipts, and the related income-tax returns are not to be processed until further orders.
Specified allowances payable to High Court and Supreme Court Judges are, prima facie, excluded from salary-income computation under overriding non-obstante clauses governing judicial service conditions. They are treated as receipts not in the nature of income rather than deductions or exemptions, so the optional new tax regime's restrictions on deductions and exemptions do not appear to apply. Pending consideration of the writ petition, Judges may disclose these allowances as non-income receipts, and the related income-tax returns are not to be processed until further orders.
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