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...
The HC set aside the assessment order dated 23.08.2024 involving challenges to E-way bill cancellations for inward/outward activities, non-supply of E-way bills, ITC reversal for wind mill maintenance, and non-production of bank receipts. The petitioner was directed to deposit 10% of the disputed taxes within four weeks from receipt of the court order, as agreed by both parties' counsel. The petition was disposed of with this conditional relief, effectively staying the enforcement of the original assessment while requiring partial payment as security pending final resolution of the tax dispute.
The HC set aside the assessment order dated 23.08.2024 involving challenges to E-way bill cancellations for inward/outward activities, non-supply of E-way bills, ITC reversal for wind mill maintenance, and non-production of bank receipts. The petitioner was directed to deposit 10% of the disputed taxes within four weeks from receipt of the court order, as agreed by both parties' counsel. The petition was disposed of with this conditional relief, effectively staying the enforcement of the original assessment while requiring partial payment as security pending final resolution of the tax dispute.
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