Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
A High Court disposed of the writ petition as premature and directed the Deputy Commissioner of State Tax to pass an order on the impugned notice within one week, since a hearing on the notice had already been concluded. The Court noted that the petitioner could move an interim stay application before the GST Tribunal after the portal became available for such filings. It further directed that any contemplated recovery must be preceded by 10 days' prior notice, and kept all contentions open.
A High Court disposed of the writ petition as premature and directed the Deputy Commissioner of State Tax to pass an order on the impugned notice within one week, since a hearing on the notice had already been concluded. The Court noted that the petitioner could move an interim stay application before the GST Tribunal after the portal became available for such filings. It further directed that any contemplated recovery must be preceded by 10 days' prior notice, and kept all contentions open.
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