Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
HC held that in the matter of GST registration cancellation, the sealing of the godown was a protective measure to safeguard stakeholders' interests, not based on inter-party disputes. The directive was implemented to prevent goods removal pending the Commissioner's decision on registration revocation application. The court emphasized a time-bound resolution process to ensure fair treatment and protect the rights of all parties, including financial institutions. The interim protective order was deemed appropriate to maintain status quo until a definitive determination could be made regarding the registration cancellation.
HC held that in the matter of GST registration cancellation, the sealing of the godown was a protective measure to safeguard stakeholders' interests, not based on inter-party disputes. The directive was implemented to prevent goods removal pending the Commissioner's decision on registration revocation application. The court emphasized a time-bound resolution process to ensure fair treatment and protect the rights of all parties, including financial institutions. The interim protective order was deemed appropriate to maintain status quo until a definitive determination could be made regarding the registration cancellation.
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