Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
HC allowed the petitioner's challenge to GST registration cancellation, directing the adjudicating authority to: (1) grant a personal hearing to the petitioner, and (2) decide the revocation application within two months of such hearing. The court recognized the petitioner's procedural grievance regarding non-resolution of the registration cancellation matter and mandated a time-bound resolution mechanism. The interim order provides the petitioner an opportunity to present their case and ensures a definitive outcome within a specified timeframe, thereby addressing the administrative delay in processing the GST registration revocation application.
HC allowed the petitioner's challenge to GST registration cancellation, directing the adjudicating authority to: (1) grant a personal hearing to the petitioner, and (2) decide the revocation application within two months of such hearing. The court recognized the petitioner's procedural grievance regarding non-resolution of the registration cancellation matter and mandated a time-bound resolution mechanism. The interim order provides the petitioner an opportunity to present their case and ensures a definitive outcome within a specified timeframe, thereby addressing the administrative delay in processing the GST registration revocation application.
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