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...
The legality and validity of the termination of arbitral proceedings u/s 32(2)(c) of the Arbitration and Conciliation Act, 1996 - The Supreme Court found no evidence of Sheil's abandonment of the claim. Regular participation in Marico's proceedings and absence of simultaneous scheduling were noted. - The Tribunal's duty to schedule hearings and manage proceedings was highlighted, and the mere absence of a party from a hearing does not imply abandonment or justify termination of proceedings. - The Supreme Court upheld the High Court's decision, reinstating the arbitration proceedings and emphasizing the need for an active role by the Arbitral Tribunal in managing the process.
The legality and validity of the termination of arbitral proceedings u/s 32(2)(c) of the Arbitration and Conciliation Act, 1996 - The Supreme Court found no evidence of Sheil's abandonment of the claim. Regular participation in Marico's proceedings and absence of simultaneous scheduling were noted. - The Tribunal's duty to schedule hearings and manage proceedings was highlighted, and the mere absence of a party from a hearing does not imply abandonment or justify termination of proceedings. - The Supreme Court upheld the High Court's decision, reinstating the arbitration proceedings and emphasizing the need for an active role by the Arbitral Tribunal in managing the process.
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