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 High Court considered a case involving money laundering and a provisional attachment order issued without providing the petitioner an opportunity of hearing, alleging a violation of natural justice. The court noted that the law allows provisional attachment by authorized officers for up to 180 days. The petitioners, considered claimants under the law, were directed to seek remedy before the Special Court u/s Prevention of Money-Laundering Act in Jaipur. The court found the statutory remedy available to the petitioners more appropriate than the extraordinary jurisdiction of the High Court. As the petitioners did not challenge the attachment on merits and lacked standing to contest it as proceeds of crime, their plea to restrict the attachment was dismissed, leading to the dismissal of the petition.
The High Court considered a case involving money laundering and a provisional attachment order issued without providing the petitioner an opportunity of hearing, alleging a violation of natural justice. The court noted that the law allows provisional attachment by authorized officers for up to 180 days. The petitioners, considered claimants under the law, were directed to seek remedy before the Special Court u/s Prevention of Money-Laundering Act in Jaipur. The court found the statutory remedy available to the petitioners more appropriate than the extraordinary jurisdiction of the High Court. As the petitioners did not challenge the attachment on merits and lacked standing to contest it as proceeds of crime, their plea to restrict the attachment was dismissed, leading to the dismissal of the petition.
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