Belated Form 10B filing during Covid-19 cannot defeat charitable exemption where genuine hardship warrants condonation and substantial justice prevail...
Limitation for consequential assessments runs from prescribed authority receipt, while verified purchases cannot be disallowed merely for unanswered s...
Higher depreciation for qualifying commercial vehicles, exempt-income disallowance, research deduction verification, and club-expense treatment clarif...
Charitable registration renewal cannot become an assessment of receipts, profitability or annual exemption compliance, requiring renewal and donation ...
AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
Correctness of erasure of credit already availed by prospective invalidation of eligibility for retention of credit that would subject those services already procured and used in manufacture/rendering of services to the test of eligibility once again - deletion of rule 6(5) of CENVAT Credit Rules, 2004 with effect from 31st March 2011 - The Tribunal emphasizes that the deletion of rule 6(5) does not affect the validity of credit availed under rule 3 of the CENVAT Credit Rules, 2004, at the time of procurement of services. - It concludes that the appellant's entitlement to credit cannot be curtailed or impacted by the deletion of rule 6(5), and the impugned order is not sustainable.
Correctness of erasure of credit already availed by prospective invalidation of eligibility for retention of credit that would subject those services already procured and used in manufacture/rendering of services to the test of eligibility once again - deletion of rule 6(5) of CENVAT Credit Rules, 2004 with effect from 31st March 2011 - The Tribunal emphasizes that the deletion of rule 6(5) does not affect the validity of credit availed under rule 3 of the CENVAT Credit Rules, 2004, at the time of procurement of services. - It concludes that the appellant's entitlement to credit cannot be curtailed or impacted by the deletion of rule 6(5), and the impugned order is not sustainable.
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