Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
HC allowed the petition, finding a violation of natural justice due to lack of proper application of mind by the respondent authority under Section 74 of the Central Goods and Services Tax Act, 2017. The court directed the Commissioner to review orders lacking substantive reasoning for invoking fraud provisions, specifically mandating explicit documentation of willful misstatement or material fact suppression. The judicial intervention emphasized procedural integrity by requiring comprehensive rationale when applying statutory penalties, effectively remanding the matter for comprehensive reconsideration and appropriate administrative action.
HC allowed the petition, finding a violation of natural justice due to lack of proper application of mind by the respondent authority under Section 74 of the Central Goods and Services Tax Act, 2017. The court directed the Commissioner to review orders lacking substantive reasoning for invoking fraud provisions, specifically mandating explicit documentation of willful misstatement or material fact suppression. The judicial intervention emphasized procedural integrity by requiring comprehensive rationale when applying statutory penalties, effectively remanding the matter for comprehensive reconsideration and appropriate administrative action.
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