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...
Money-laundering prosecution is described as requiring a scheduled offence, proceeds of crime generated from that offence, and their projection as untainted, including knowing assistance in related processes. Challenges to investigation or discharge grounds in predicate offences are presented as outside the scope of the money-laundering proceeding. The notes explain that discharge requires assessment of a prima facie case and that strong suspicion may justify trial without a mini-trial. They also state that alleged defects in an authorised valuation report are evidentiary matters, and fresh expert valuation is not ordinarily required; loss quantification mainly concerns the predicate offence.
Money-laundering prosecution is described as requiring a scheduled offence, proceeds of crime generated from that offence, and their projection as untainted, including knowing assistance in related processes. Challenges to investigation or discharge grounds in predicate offences are presented as outside the scope of the money-laundering proceeding. The notes explain that discharge requires assessment of a prima facie case and that strong suspicion may justify trial without a mini-trial. They also state that alleged defects in an authorised valuation report are evidentiary matters, and fresh expert valuation is not ordinarily required; loss quantification mainly concerns the predicate offence.
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