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...
The Ministry of Finance, Department of Revenue, issued Notification No. 04/2024-Customs (ADD) on March 14, 2024, concerning the imposition of anti-dumping duty on Para-Tertiary Butyl Phenol (PTBP) imported into India from Korea RP, Singapore, and the United States of America. The notification follows the findings of the designated authority, which concluded that the dumping of PTBP from these countries has caused injury to the domestic industry.
The Ministry of Finance, Department of Revenue, issued Notification No. 04/2024-Customs (ADD) on March 14, 2024, concerning the imposition of anti-dumping duty on Para-Tertiary Butyl Phenol (PTBP) imported into India from Korea RP, Singapore, and the United States of America. The notification follows the findings of the designated authority, which concluded that the dumping of PTBP from these countries has caused injury to the domestic industry.
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