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...
Petitioner filed application seeking sanction of eligible refund amount along with applicable interest. Court held that respondent shall process petitioner's application within two weeks and refund applicable amount. Petitioner may be required to complete certain formalities and file application for receiving amount in cash, if found due, which petitioner must comply with. If petitioner is required to comply with any formalities, respondent shall intimate the same. Any delay in complying with formalities shall not impede petitioner's application for refund. Petition disposed.
Petitioner filed application seeking sanction of eligible refund amount along with applicable interest. Court held that respondent shall process petitioner's application within two weeks and refund applicable amount. Petitioner may be required to complete certain formalities and file application for receiving amount in cash, if found due, which petitioner must comply with. If petitioner is required to comply with any formalities, respondent shall intimate the same. Any delay in complying with formalities shall not impede petitioner's application for refund. Petition disposed.
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