Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Withdrawal of exemption granted u/s 10(23C)(iv) - DGIT(E) erroneously drew a distinction between corpus and non-corpus donations made by it to HNF - Hamdard’s is not carrying on a business of the nature envisaged in condition (c) of the order of exemption/seventh proviso to Section 10(23C) - Hamdard’s dominant purpose is charitable in nature, and it is not guided by the motive of profit-making - Exemption cannot be denied - HC
Withdrawal of exemption granted u/s 10(23C)(iv) - DGIT(E) erroneously drew a distinction between corpus and non-corpus donations made by it to HNF - Hamdard’s is not carrying on a business of the nature envisaged in condition (c) of the order of exemption/seventh proviso to Section 10(23C) - Hamdard’s dominant purpose is charitable in nature, and it is not guided by the motive of profit-making - Exemption cannot be denied - HC
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