Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
SC determined writ petition maintainability against private financial company under Article 226. Court applied "function test" to assess whether entity performs public duties warranting writ jurisdiction. Distinguished between regulatory compliance and genuine public functions. Following LIC v. Escorts precedent, held that mere compliance with RBI regulations does not transform private entity into "State" under Article 12. Emphasized that writ jurisdiction depends on nature of function rather than entity's public/private status. Key consideration is whether action involves public duty or remains in private law domain. Petitions dismissed as company's activities did not constitute public functions despite regulatory oversight.
SC determined writ petition maintainability against private financial company under Article 226. Court applied "function test" to assess whether entity performs public duties warranting writ jurisdiction. Distinguished between regulatory compliance and genuine public functions. Following LIC v. Escorts precedent, held that mere compliance with RBI regulations does not transform private entity into "State" under Article 12. Emphasized that writ jurisdiction depends on nature of function rather than entity's public/private status. Key consideration is whether action involves public duty or remains in private law domain. Petitions dismissed as company's activities did not constitute public functions despite regulatory oversight.
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