Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
GST on actionable claims connected with online gaming, fantasy sports, betting, gambling and casino transactions is addressed alongside the statutory valuation framework and the retrospective operation of the 2023 amendments. The challenge to the levy was dismissed in line with a Supreme Court judgment. The interim order was vacated, and the notice recipient was given eight weeks to respond to the show cause notice, followed by twelve weeks for adjudication.
GST on actionable claims connected with online gaming, fantasy sports, betting, gambling and casino transactions is addressed alongside the statutory valuation framework and the retrospective operation of the 2023 amendments. The challenge to the levy was dismissed in line with a Supreme Court judgment. The interim order was vacated, and the notice recipient was given eight weeks to respond to the show cause notice, followed by twelve weeks for adjudication.
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