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 ...
The HC, noting precedent favoring dismissal, granted conditional relief to the petitioner in a tax dispute under the TNVAT/GST transition, holding that the petitioner may file an appeal before the Appellate Authority, Joint Commissioner (Appeals) (JC(A)), BiBikulam, Madurai, within 15 days of receipt of this order. The petition is disposed of on the condition that the petitioner deposits Rs.35,00,000 within 15 days; failure to comply will warrant dismissal. The JC(A), not originally a party, is suo motu impleaded as the fourth respondent. The order preserves the Government's revenue interest while permitting adjudication on the merits by the statutory appellate forum.
The HC, noting precedent favoring dismissal, granted conditional relief to the petitioner in a tax dispute under the TNVAT/GST transition, holding that the petitioner may file an appeal before the Appellate Authority, Joint Commissioner (Appeals) (JC(A)), BiBikulam, Madurai, within 15 days of receipt of this order. The petition is disposed of on the condition that the petitioner deposits Rs.35,00,000 within 15 days; failure to comply will warrant dismissal. The JC(A), not originally a party, is suo motu impleaded as the fourth respondent. The order preserves the Government's revenue interest while permitting adjudication on the merits by the statutory appellate forum.
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