Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
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...
ITAT allowed the assessee's claim for deduction u/s 80IA for development of infrastructure facilities. It held that merely entering into an agreement with the government or receiving payments from it does not disentitle the assessee from claiming deduction as a "developer" u/s 80IA(4). The assessee's activities qualified as development of new infrastructure facilities, following precedents. The department failed to distinguish the facts from favorable orders of higher authorities for prior years.
ITAT allowed the assessee's claim for deduction u/s 80IA for development of infrastructure facilities. It held that merely entering into an agreement with the government or receiving payments from it does not disentitle the assessee from claiming deduction as a "developer" u/s 80IA(4). The assessee's activities qualified as development of new infrastructure facilities, following precedents. The department failed to distinguish the facts from favorable orders of higher authorities for prior years.
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