Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Market fee/mandi shulk - Whether ghee is a product of livestock - The majority opinion of the Full Bench of the Andhra Pradesh High Court upheld the validity of the 1994 notification, stating that "ghee" is indeed a "product of livestock." The High Court concluded that the notification under challenge was issued under Section 4 of the Act and not under Section 3, hence the procedural requirements of Section 3 were not applicable. - Now the Supreme Court agreed with the High Court's decision, emphasizing that "ghee" is derived from milk, which is a product of livestock, and therefore falls under the definition of "products of livestock" as per the Act.
Market fee/mandi shulk - Whether ghee is a product of livestock - The majority opinion of the Full Bench of the Andhra Pradesh High Court upheld the validity of the 1994 notification, stating that "ghee" is indeed a "product of livestock." The High Court concluded that the notification under challenge was issued under Section 4 of the Act and not under Section 3, hence the procedural requirements of Section 3 were not applicable. - Now the Supreme Court agreed with the High Court's decision, emphasizing that "ghee" is derived from milk, which is a product of livestock, and therefore falls under the definition of "products of livestock" as per the Act.
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