Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Classification of treated water and exemption from GSt - Water recovered out of the effluent treatment process nothing but an ordinary water which is suitable for reuse by the dyeing and bleaching units as a solvent and as a washing, rinsing medium. - Treated water, which does not possess any special characteristics or specialized uses (like those in aerated drinks, medicinal uses, automotive cooling systems, etc.), falls under the category of ordinary water. Consequently, it is exempt from GST under the specified notification. - AAR
Classification of treated water and exemption from GSt - Water recovered out of the effluent treatment process nothing but an ordinary water which is suitable for reuse by the dyeing and bleaching units as a solvent and as a washing, rinsing medium. - Treated water, which does not possess any special characteristics or specialized uses (like those in aerated drinks, medicinal uses, automotive cooling systems, etc.), falls under the category of ordinary water. Consequently, it is exempt from GST under the specified notification. - AAR
Note: It is a system-generated summary and is for quick reference only.
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