Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Dividend distribution tax on dividends paid to a Netherlands-resident shareholder raises the question whether the lower India-Netherlands DTAA rate overrides the domestic rate under Section 115-O. Although High Court authority supported treaty-rate application, the issue was pending before the Supreme Court, which had advised High Courts to consider stays in matters involving the same controversy. Applying judicial discipline, the Tribunal declined to decide the treaty-rate claim pending Supreme Court adjudication. The appellate order was set aside and remanded for fresh adjudication in line with the Supreme Court's eventual decision.
Dividend distribution tax on dividends paid to a Netherlands-resident shareholder raises the question whether the lower India-Netherlands DTAA rate overrides the domestic rate under Section 115-O. Although High Court authority supported treaty-rate application, the issue was pending before the Supreme Court, which had advised High Courts to consider stays in matters involving the same controversy. Applying judicial discipline, the Tribunal declined to decide the treaty-rate claim pending Supreme Court adjudication. The appellate order was set aside and remanded for fresh adjudication in line with the Supreme Court's eventual decision.
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