Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
HC censured departmental actions in GST proceedings, emphasizing that the legislative intent behind the GST regime is not to disrupt businesses or compromise livelihoods. The court critically evaluated the punitive approach, highlighting that tax compliance should foster business growth and national economic development. The interim order mandates that all departmental actions must strictly adhere to GST Act provisions, with a focus on constructive engagement rather than punitive measures. The court's ruling underscores the need for a balanced regulatory approach that supports entrepreneurial sustainability and economic progress.
HC censured departmental actions in GST proceedings, emphasizing that the legislative intent behind the GST regime is not to disrupt businesses or compromise livelihoods. The court critically evaluated the punitive approach, highlighting that tax compliance should foster business growth and national economic development. The interim order mandates that all departmental actions must strictly adhere to GST Act provisions, with a focus on constructive engagement rather than punitive measures. The court's ruling underscores the need for a balanced regulatory approach that supports entrepreneurial sustainability and economic progress.
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