Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
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...
Liability of tax arising on account of inadvertent error - mismatch between the petitioner's GSTR 1 and GSTR 3B returns The High Court noted the certificates from purchasers, confirming exclusion of duplicate invoices while availing ITC, which reflected in their GSTR 2A returns. The Court concluded that the matter required reconsideration to ascertain if purchasers indeed did not avail excess input tax credit based on duplicate invoices. - The impugned order disregarded the petitioner's explanation, citing failure to amend the GSTR 1 statement by the prescribed deadline. The Court observed that the matter required reconsideration in light of documents submitted by the petitioner, indicating the need to ascertain if purchasers indeed did not avail excess input tax credit based on duplicate invoices.
Liability of tax arising on account of inadvertent error - mismatch between the petitioner's GSTR 1 and GSTR 3B returns The High Court noted the certificates from purchasers, confirming exclusion of duplicate invoices while availing ITC, which reflected in their GSTR 2A returns. The Court concluded that the matter required reconsideration to ascertain if purchasers indeed did not avail excess input tax credit based on duplicate invoices. - The impugned order disregarded the petitioner's explanation, citing failure to amend the GSTR 1 statement by the prescribed deadline. The Court observed that the matter required reconsideration in light of documents submitted by the petitioner, indicating the need to ascertain if purchasers indeed did not avail excess input tax credit based on duplicate invoices.
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