Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Advance ruling application concerning whether hostel accommodation provided by the applicant's tenant qualifies as a residential dwelling and is exempt under Entry 12/12A was held inadmissible because the queries relate to supplies made by the tenant, not supplies by the applicant, and thus fall outside the scope of advance ruling jurisdiction under the statute. The related question on whether in house food is a composite exempt supply was also rejected as dependent on the inadmissible queries. The applicability of case law to the applicant's facts was held outside permissible advance ruling questions, and any precedent evidence would not assist due to non binding provisions; application rejected under procedural admissibility rules.
Advance ruling application concerning whether hostel accommodation provided by the applicant's tenant qualifies as a residential dwelling and is exempt under Entry 12/12A was held inadmissible because the queries relate to supplies made by the tenant, not supplies by the applicant, and thus fall outside the scope of advance ruling jurisdiction under the statute. The related question on whether in house food is a composite exempt supply was also rejected as dependent on the inadmissible queries. The applicability of case law to the applicant's facts was held outside permissible advance ruling questions, and any precedent evidence would not assist due to non binding provisions; application rejected under procedural admissibility rules.
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