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...
Respondents made a concession before the Regulatory Authority to accept interest only on amounts paid after RERA implementation. However, before the Appellate Authority, they insisted no such concession was made. Instead of filing an application with the Regulatory Authority to correct the erroneous recording of the concession, Respondents filed an appeal before the Appellate Tribunal. The Appellate Tribunal entertained the appeal without any pleading from Respondents regarding the erroneous recording of the concession. It erroneously concluded that no concession was made based on absence of certain points in the Regulatory Authority's order. The High Court held that the Appellate Tribunal committed a jurisdictional error by entertaining the appeal without Respondents first seeking clarification from the Regulatory Authority regarding the concession. It also erred by entertaining an oral plea about non-concession without any pleading in the appeal memo. The Appellate Tribunal's order was set aside as indefensible.
Respondents made a concession before the Regulatory Authority to accept interest only on amounts paid after RERA implementation. However, before the Appellate Authority, they insisted no such concession was made. Instead of filing an application with the Regulatory Authority to correct the erroneous recording of the concession, Respondents filed an appeal before the Appellate Tribunal. The Appellate Tribunal entertained the appeal without any pleading from Respondents regarding the erroneous recording of the concession. It erroneously concluded that no concession was made based on absence of certain points in the Regulatory Authority's order. The High Court held that the Appellate Tribunal committed a jurisdictional error by entertaining the appeal without Respondents first seeking clarification from the Regulatory Authority regarding the concession. It also erred by entertaining an oral plea about non-concession without any pleading in the appeal memo. The Appellate Tribunal's order was set aside as indefensible.
Note: It is a system-generated summary and is for quick reference only.