Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Petitioner's GST registration was cancelled as petitioner had stopped business at registered premises and issued fake invoices without actual supply of goods. Original authority found petitioner not conducting business at registered premises based on landlord's statement that premises were leased out to petitioner for iron and steel business from 2012 to May 2017, but thereafter no business conducted and premises leased to another person unrelated to petitioner. Original authority held details provided during VAT to GST migration were false, warranting cancellation of registration. Appellate authority upheld cancellation. High Court found no reason to interfere with findings, noting petitioner can apply for fresh registration if intending to restart business. Writ petition dismissed.
Petitioner's GST registration was cancelled as petitioner had stopped business at registered premises and issued fake invoices without actual supply of goods. Original authority found petitioner not conducting business at registered premises based on landlord's statement that premises were leased out to petitioner for iron and steel business from 2012 to May 2017, but thereafter no business conducted and premises leased to another person unrelated to petitioner. Original authority held details provided during VAT to GST migration were false, warranting cancellation of registration. Appellate authority upheld cancellation. High Court found no reason to interfere with findings, noting petitioner can apply for fresh registration if intending to restart business. Writ petition dismissed.
Note: It is a system-generated summary and is for quick reference only.