Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
A Special Leave Petition concerning whether NIPL or a liaison office constituted a fixed place permanent establishment in India, and the resulting taxability and income attribution, was not considered on merits. The Supreme Court found the reasons for the 383-day delay in filing insufficient in law and dismissed the condonation application and the petition. It noted that, in a matter involving the same respondents and issues, an earlier petition had already been dismissed for gross delay, and stated that the later filing could have been avoided.
A Special Leave Petition concerning whether NIPL or a liaison office constituted a fixed place permanent establishment in India, and the resulting taxability and income attribution, was not considered on merits. The Supreme Court found the reasons for the 383-day delay in filing insufficient in law and dismissed the condonation application and the petition. It noted that, in a matter involving the same respondents and issues, an earlier petition had already been dismissed for gross delay, and stated that the later filing could have been avoided.
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