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...
HC adjudicated a tax dispute involving procedural challenges to bank account attachment under CGST Act. The court determined that subsequent appellate proceedings and Supreme Court's prior intervention rendered the original bank account freezing order unsustainable. Given the petitioner's utilization of statutory appellate remedies under Section 107 and the progression of underlying show cause notice proceedings, the court ruled to automatically lift the bank account attachment order dated 28th May, 2024. The petition was consequently disposed of, effectively restoring the petitioner's financial operational capacity.
HC adjudicated a tax dispute involving procedural challenges to bank account attachment under CGST Act. The court determined that subsequent appellate proceedings and Supreme Court's prior intervention rendered the original bank account freezing order unsustainable. Given the petitioner's utilization of statutory appellate remedies under Section 107 and the progression of underlying show cause notice proceedings, the court ruled to automatically lift the bank account attachment order dated 28th May, 2024. The petition was consequently disposed of, effectively restoring the petitioner's financial operational capacity.
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