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...
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Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
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Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Classification of imported goods, specifically Quick Lime, under the Customs Tariff Act, 1975, and the levy of interest. The key points are: Quick Lime is classifiable under Customs Tariff Heading (CTH) 2522 1000, not CTH 2825, as decided by the Delhi Bench of the Tribunal in a previous case. Regarding the levy of interest, the amounts paid by the appellant during the investigation stage are required to be refunded along with interest at 12% rate, as per the cited case laws of the Delhi and Allahabad Benches of the CESTAT. The appeal is disposed off based on these findings.
Classification of imported goods, specifically Quick Lime, under the Customs Tariff Act, 1975, and the levy of interest. The key points are: Quick Lime is classifiable under Customs Tariff Heading (CTH) 2522 1000, not CTH 2825, as decided by the Delhi Bench of the Tribunal in a previous case. Regarding the levy of interest, the amounts paid by the appellant during the investigation stage are required to be refunded along with interest at 12% rate, as per the cited case laws of the Delhi and Allahabad Benches of the CESTAT. The appeal is disposed off based on these findings.
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