Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
In a case concerning the notice issued u/s 74 of the OGST Act for testing fly ash bricks, the High Court held that since the components of fly ash bricks are under challenge, it is not inclined to interfere with the notice at this stage. The petitioner was advised to raise objections and provide a comprehensive reply to the show cause notice regarding verification of fly ash bricks and utilization of raw materials. The Court stated that if the petitioner responds accordingly, the authority can take necessary steps as per law. The Court refrained from expressing any opinion on the merits of the case, disposing of the writ petition.
In a case concerning the notice issued u/s 74 of the OGST Act for testing fly ash bricks, the High Court held that since the components of fly ash bricks are under challenge, it is not inclined to interfere with the notice at this stage. The petitioner was advised to raise objections and provide a comprehensive reply to the show cause notice regarding verification of fly ash bricks and utilization of raw materials. The Court stated that if the petitioner responds accordingly, the authority can take necessary steps as per law. The Court refrained from expressing any opinion on the merits of the case, disposing of the writ petition.
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