Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
The HC disposed of a petition concerning GST registration cancellation under the Central Goods and Services Tax Act, 2017. The petitioner had filed an application under Section 30 seeking revocation of the cancellation order, which remained pending due to non-compliance with the Authority's direction to furnish geo-tag coordinates (latitude and longitude) of business premises. The Court directed the petitioner to provide the GPS position of their office/place of business within two weeks, failing which the application would not be processed. Upon compliance within the stipulated timeframe, the Authority was required to consider and dispose of the revocation application. The petition was disposed of with these directions.
The HC disposed of a petition concerning GST registration cancellation under the Central Goods and Services Tax Act, 2017. The petitioner had filed an application under Section 30 seeking revocation of the cancellation order, which remained pending due to non-compliance with the Authority's direction to furnish geo-tag coordinates (latitude and longitude) of business premises. The Court directed the petitioner to provide the GPS position of their office/place of business within two weeks, failing which the application would not be processed. Upon compliance within the stipulated timeframe, the Authority was required to consider and dispose of the revocation application. The petition was disposed of with these directions.
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