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...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Insolvency and BankruptcyApril 19, 2018Case LawsAT
Corporate Insolvency Resolution Process - there is a plausible dispute between the parties in regard to execution of contract involving supply of material as well as rendering of works at the site - The claim set up by the Appellant does not fall within the definition of operational debt - AT
Corporate Insolvency Resolution Process - there is a plausible dispute between the parties in regard to execution of contract involving supply of material as well as rendering of works at the site - The claim set up by the Appellant does not fall within the definition of operational debt - AT
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