Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
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The HC determined that the Corporation's withholding of royalty payment from the petitioner's work bill was conditional. The petitioner was granted liberty to submit a complete claim with all information requested in Annexure 'R/B' within two months. Upon receipt of the complete claim, the Corporation must consider it in accordance with law and Standard Bidding Document Clause 35. The Court clarified that the prima-facie opinion expressed in paragraph 4 of the Letter (Annexure 'R/B') should not impede fair consideration of the claim. The Corporation agreed to consider the petitioner's GST claim amount subject to submission of complete documentation. Application disposed of.
The HC determined that the Corporation's withholding of royalty payment from the petitioner's work bill was conditional. The petitioner was granted liberty to submit a complete claim with all information requested in Annexure 'R/B' within two months. Upon receipt of the complete claim, the Corporation must consider it in accordance with law and Standard Bidding Document Clause 35. The Court clarified that the prima-facie opinion expressed in paragraph 4 of the Letter (Annexure 'R/B') should not impede fair consideration of the claim. The Corporation agreed to consider the petitioner's GST claim amount subject to submission of complete documentation. Application disposed of.
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