Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Territorial jurisdiction of Court - Confiscation of gold - levy of penalty on the petitioner - The High Court assessed the jurisdictional aspect raised by the petitioner and concluded that the case did not fall within its jurisdiction for effective adjudication. It emphasized that no fraction of the cause of action arose in the State of Rajasthan, thereby dismissing the petitioner's arguments based on jurisdiction. Only on count of the fact that the residence of the petitioner is situated in the State of Rajasthan, the territorial jurisdiction does not lie with this Court.
Territorial jurisdiction of Court - Confiscation of gold - levy of penalty on the petitioner - The High Court assessed the jurisdictional aspect raised by the petitioner and concluded that the case did not fall within its jurisdiction for effective adjudication. It emphasized that no fraction of the cause of action arose in the State of Rajasthan, thereby dismissing the petitioner's arguments based on jurisdiction. Only on count of the fact that the residence of the petitioner is situated in the State of Rajasthan, the territorial jurisdiction does not lie with this Court.
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