Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
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...
Amnesty Scheme - SVLDRS - CENVAT Credit on input services - In fact, in order to ensure that the Designated Committee does not dispute the tax through input credit, a specific clarification was issued in the Circular. This clarification was obviously to alleviate any doubts regarding the tax paid through input credit. If a declarant, on the basis of the clarification, chose to take advantage of the scheme and availed of the scheme, he cannot be deprived of this benefit conferred by the scheme, by the Designated Committee by taking a decision that the petitioner was not entitled to input credit. - HC
Amnesty Scheme - SVLDRS - CENVAT Credit on input services - In fact, in order to ensure that the Designated Committee does not dispute the tax through input credit, a specific clarification was issued in the Circular. This clarification was obviously to alleviate any doubts regarding the tax paid through input credit. If a declarant, on the basis of the clarification, chose to take advantage of the scheme and availed of the scheme, he cannot be deprived of this benefit conferred by the scheme, by the Designated Committee by taking a decision that the petitioner was not entitled to input credit. - HC
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