Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Approval u/s 80G(5) - eligibility - The tribunal had considered whether the law required significant charitable activities to be carried out to be eligible for registration under Section 80G(5)(vi) of the Act.- It was found that while the law had conditions for eligibility, it did not explicitly mandate a specific volume of charitable activities to be carried out within a certain timeframe. - The High Court also dismissed the appeal, affirming the tribunal's decision - Now, the Supreme Court has chosen not to intervene or overturn the judgment passed by the High Court while keeping the "question of law open.".
Approval u/s 80G(5) - eligibility - The tribunal had considered whether the law required significant charitable activities to be carried out to be eligible for registration under Section 80G(5)(vi) of the Act.- It was found that while the law had conditions for eligibility, it did not explicitly mandate a specific volume of charitable activities to be carried out within a certain timeframe. - The High Court also dismissed the appeal, affirming the tribunal's decision - Now, the Supreme Court has chosen not to intervene or overturn the judgment passed by the High Court while keeping the "question of law open.".
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