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...
The petitioner is eligible to issue declarations in C-Forms for inter-State purchase of natural gas post-GST implementation. The issue is covered by decisions of various High Courts and the Supreme Court in The Ramco Cements Ltd. case, where it was held that based on the consistent view of nine High Courts, the petitioner would be entitled to issuance of 'C Form' for natural gas purchased from an oil company in Gujarat and used in manufacturing activities and generation of electricity at captive power plant. Consequently, the petition is allowed.
The petitioner is eligible to issue declarations in C-Forms for inter-State purchase of natural gas post-GST implementation. The issue is covered by decisions of various High Courts and the Supreme Court in The Ramco Cements Ltd. case, where it was held that based on the consistent view of nine High Courts, the petitioner would be entitled to issuance of 'C Form' for natural gas purchased from an oil company in Gujarat and used in manufacturing activities and generation of electricity at captive power plant. Consequently, the petition is allowed.
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