Medical relief status protects government-contracted mobile healthcare from commercial classification, while provisional registration cancellation req...
Charitable registration cancellation requires proof that educational activities abandoned their objects; incidental receipts and retained surplus are ...
Prospective customs notification amendments cannot bar provisional release consideration for earlier imports when bills of lading predate their commen...
Personal guarantor insolvency jurisdiction follows the corporate debtor's CIRP Bench, enabling inter-territorial transfer and preventing parallel proc...
Section 47-A undervaluation threshold: fraudulent intent requirement faces reconsideration after referral to a larger Bench for authoritative resoluti...
RBI supersession powers over multi-State co-operative banks operate independently of the constitutional six-month ceiling and permit statutory extensi...
Anti-profiteering computation for construction services must account for GST input tax credit that remained unutilised and was subsequently reversed. The additional credit benefit attributable to eligible homebuyers requires a commensurate reduction in price and must be passed on, including applicable GST, with 18% interest from collection of the excess amount until repayment. Penalty for failure to pass on the benefit does not apply to the relevant period because the penalty provision came into force only after that period ended.
Anti-profiteering computation for construction services must account for GST input tax credit that remained unutilised and was subsequently reversed. The additional credit benefit attributable to eligible homebuyers requires a commensurate reduction in price and must be passed on, including applicable GST, with 18% interest from collection of the excess amount until repayment. Penalty for failure to pass on the benefit does not apply to the relevant period because the penalty provision came into force only after that period ended.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
