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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...
NCLAT upheld CMA's categorization of claims related to delay in possession as "put under adjudication". CMA rightly asserted inability to verify rental claims unilaterally when agreement didn't provide for reimbursement of rent or commitment to pay rent. Claims premised on rental agreements fell under adjudication beyond CMA's limited jurisdiction. Unliquidated damages for delayed delivery and mental agony couldn't be admitted without agreement between parties. Appeal dismissed.
NCLAT upheld CMA's categorization of claims related to delay in possession as "put under adjudication". CMA rightly asserted inability to verify rental claims unilaterally when agreement didn't provide for reimbursement of rent or commitment to pay rent. Claims premised on rental agreements fell under adjudication beyond CMA's limited jurisdiction. Unliquidated damages for delayed delivery and mental agony couldn't be admitted without agreement between parties. Appeal dismissed.
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