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...
Short payment of Central Excise Duty - The Appellate Tribunal concluded that central excise duty is leviable only on excisable goods manufactured or produced in India, as per the Central Excise Act. Duty is not contingent on receipt of payment but on the removal of goods, to be paid by the sixth day of the following month. The Tribunal found that the department's demand based on amounts received was erroneous, as duty can only be charged on the manufactured goods.
Short payment of Central Excise Duty - The Appellate Tribunal concluded that central excise duty is leviable only on excisable goods manufactured or produced in India, as per the Central Excise Act. Duty is not contingent on receipt of payment but on the removal of goods, to be paid by the sixth day of the following month. The Tribunal found that the department's demand based on amounts received was erroneous, as duty can only be charged on the manufactured goods.
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