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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Insolvency and BankruptcyMarch 28, 2019Case LawsAT
Corporate insolvency process - application u/s 7 of the I & B Code, 2016 admitted by Adjudicating Authority as all condition are satisfied - Seeking further time by Corporate Debtor to settle the matter is not sufficient ground to set aside admission order
Corporate insolvency process - application u/s 7 of the I & B Code, 2016 admitted by Adjudicating Authority as all condition are satisfied - Seeking further time by Corporate Debtor to settle the matter is not sufficient ground to set aside admission order
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