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...
Periodic charitable-registration renewal under Form 10AB is described as a limited enquiry into the genuineness of activities and compliance with material laws for achieving charitable objects. The notes state that, under the periodic-registration regime and Rule 17A(2)(g), scrutiny for renewal is confined to the immediately preceding three financial years for which registration was held under the new regime. Material, financials or allegations relating to pre-1 April 2021 periods cannot be called for or relied upon to reject renewal. The discussion also states that unexamined responses and evidence, reliance on retracted statements or unrelated third-party material, and failure to identify current non-genuine activities do not support rejection. Registration and consequential approval were directed to be granted.
Periodic charitable-registration renewal under Form 10AB is described as a limited enquiry into the genuineness of activities and compliance with material laws for achieving charitable objects. The notes state that, under the periodic-registration regime and Rule 17A(2)(g), scrutiny for renewal is confined to the immediately preceding three financial years for which registration was held under the new regime. Material, financials or allegations relating to pre-1 April 2021 periods cannot be called for or relied upon to reject renewal. The discussion also states that unexamined responses and evidence, reliance on retracted statements or unrelated third-party material, and failure to identify current non-genuine activities do not support rejection. Registration and consequential approval were directed to be granted.
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