Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
West Bengal's 2025 Durga Puja economy rebounded an estimated 10-15% to Rs 46,000-50,000 crore, driven by renewed corporate sponsorships, higher mall footfall, GST-led demand for consumer goods, government grants to nearly 45,000 puja committees (Rs 1.1 lakh each) and increased electricity demand indicating higher activity. Organised retail, automobiles, e-commerce and advertising saw double-digit growth, while small traders and hawkers reported significant losses as spending shifted online and to malls. The prior year's contraction (circa Rs 42,000 crore) was attributed to inflation, muted corporate spending and adverse events that dampened festival commerce.
West Bengal's 2025 Durga Puja economy rebounded an estimated 10-15% to Rs 46,000-50,000 crore, driven by renewed corporate sponsorships, higher mall footfall, GST-led demand for consumer goods, government grants to nearly 45,000 puja committees (Rs 1.1 lakh each) and increased electricity demand indicating higher activity. Organised retail, automobiles, e-commerce and advertising saw double-digit growth, while small traders and hawkers reported significant losses as spending shifted online and to malls. The prior year's contraction (circa Rs 42,000 crore) was attributed to inflation, muted corporate spending and adverse events that dampened festival commerce.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
