Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Exemption u/s 11 - corpus donations - charitable purpose - society is exclusively working for the benefit of members - the assessee falls under the last limb of the definition ‘charitable purpose’ i.e. any other object of GPU. Therefore, the income of the assessee needs to be computed in light of amended provisions of Sec. 2(15) - AO directed to re-adjudicate the issue afresh - AT
Exemption u/s 11 - corpus donations - charitable purpose - society is exclusively working for the benefit of members - the assessee falls under the last limb of the definition ‘charitable purpose’ i.e. any other object of GPU. Therefore, the income of the assessee needs to be computed in light of amended provisions of Sec. 2(15) - AO directed to re-adjudicate the issue afresh - AT
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