Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The HC dismissed the challenge to the GST registration cancellation decision and disposed of the writ petitions, holding that contested issues concerning the genuineness and validity of the Will dated 11.10.2019, lawful succession and entitlement to the business are sub judice and have not been conclusively determined. The court declined to adjudicate substantive disputes over the Will or succession, finding such matters fall within the exclusive competence of the civil courts and are inappropriate for determination by tax/GST authorities. No declaration was made that the Will is forged or valid, and parties must seek resolution of succession and title to the business in the civil forum.
The HC dismissed the challenge to the GST registration cancellation decision and disposed of the writ petitions, holding that contested issues concerning the genuineness and validity of the Will dated 11.10.2019, lawful succession and entitlement to the business are sub judice and have not been conclusively determined. The court declined to adjudicate substantive disputes over the Will or succession, finding such matters fall within the exclusive competence of the civil courts and are inappropriate for determination by tax/GST authorities. No declaration was made that the Will is forged or valid, and parties must seek resolution of succession and title to the business in the civil forum.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
