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...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
The High Court allowed the appeals and set aside the impugned judgment of the Single Judge. The court held that to avail the Budgetary Support Scheme (BSS), the concerned unit must be located in the specified areas mentioned in the 2007 and 2017 notifications, producing specified goods cleared from the same units. The intent of the BSS pivoted around the geographical location of the unit, and the benefit was to accrue to those units for the residual period. Despite a change in name or acquisition of a new unit within Sikkim, there was no change in the geographical location of the units existing in Sikkim prior to the GST regime. The court observed that the appellants' anxiety regarding eligibility remained unaddressed, and no decision was taken by the DPIIT concerning their eligibility.
The High Court allowed the appeals and set aside the impugned judgment of the Single Judge. The court held that to avail the Budgetary Support Scheme (BSS), the concerned unit must be located in the specified areas mentioned in the 2007 and 2017 notifications, producing specified goods cleared from the same units. The intent of the BSS pivoted around the geographical location of the unit, and the benefit was to accrue to those units for the residual period. Despite a change in name or acquisition of a new unit within Sikkim, there was no change in the geographical location of the units existing in Sikkim prior to the GST regime. The court observed that the appellants' anxiety regarding eligibility remained unaddressed, and no decision was taken by the DPIIT concerning their eligibility.
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