Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The Council approved comprehensive GST reforms including a simplified two-rate structure (standard 18%, merit 5%, and a 40% de-merit slab), exemption of individual life and health insurance, widespread rate reductions across food, health, agriculture, labour-intensive and common-use goods and selected services, and targeted increases to 40% for certain sin/ de-merit items. Changes are proposed effective 22 September 2025 (with tobacco/cess-linked items deferred), administrative implementation of 90% provisional refunds for inverted duty cases, operationalisation of the GST Appellate Tribunal, amendments to valuation, registration and place-of-supply rules, and procedural facilitation measures including simplified registrations for low-risk and e-commerce suppliers.
The Council approved comprehensive GST reforms including a simplified two-rate structure (standard 18%, merit 5%, and a 40% de-merit slab), exemption of individual life and health insurance, widespread rate reductions across food, health, agriculture, labour-intensive and common-use goods and selected services, and targeted increases to 40% for certain sin/ de-merit items. Changes are proposed effective 22 September 2025 (with tobacco/cess-linked items deferred), administrative implementation of 90% provisional refunds for inverted duty cases, operationalisation of the GST Appellate Tribunal, amendments to valuation, registration and place-of-supply rules, and procedural facilitation measures including simplified registrations for low-risk and e-commerce suppliers.
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