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...
Cost recovery charges at an inland container depot depend on fulfilment of the prescribed benchmark volume of trade; where the benchmark is not met, CONCOR bears the liability. The High Court facilitated an agreed resolution under which CONCOR would bear charges for 2009-10. For later periods, liability must be determined after verifying whether the prescribed trade benchmark was achieved, and any waiver or exemption must be applied in accordance with law.
Cost recovery charges at an inland container depot depend on fulfilment of the prescribed benchmark volume of trade; where the benchmark is not met, CONCOR bears the liability. The High Court facilitated an agreed resolution under which CONCOR would bear charges for 2009-10. For later periods, liability must be determined after verifying whether the prescribed trade benchmark was achieved, and any waiver or exemption must be applied in accordance with law.
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