Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Reverse-charge liability on foreign or intermediary bank charges deducted while transmitting export proceeds requires a taxable service provider-recipient relationship. Where the exporter neither engaged the banks nor owed them consideration, deductions from export proceeds do not establish that relationship and do not attract service tax under Banking and Other Financial Services. Regulatory dossier preparation and compilation for overseas pharmaceutical approvals must be classified by the activity actually performed, not the provider's technical qualifications. Preparing documentation from available information or published literature, without advice or scientific or technical assistance, is not Scientific or Technical Consultancy Service. The related service-tax demands, interest and penalties were unsustainable.
Reverse-charge liability on foreign or intermediary bank charges deducted while transmitting export proceeds requires a taxable service provider-recipient relationship. Where the exporter neither engaged the banks nor owed them consideration, deductions from export proceeds do not establish that relationship and do not attract service tax under Banking and Other Financial Services. Regulatory dossier preparation and compilation for overseas pharmaceutical approvals must be classified by the activity actually performed, not the provider's technical qualifications. Preparing documentation from available information or published literature, without advice or scientific or technical assistance, is not Scientific or Technical Consultancy Service. The related service-tax demands, interest and penalties were unsustainable.
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