Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
A single-member Bench of the PMLA Adjudicating Authority was held valid because the Chairperson may constitute one- or two-member Benches for adjudication, and such composition is directory rather than jurisdictional; the coram non judice objection failed. The limitation challenge to retention of seized material was rejected because the COVID-19 exclusion period had to be omitted and no prejudice or miscarriage of justice was shown. For confirmation of provisional attachment, the Court applied the prima facie satisfaction standard, not proof beyond reasonable doubt, and found sufficient material indicating the properties were involved in money laundering as proceeds of crime. All three writ petitions were dismissed.
A single-member Bench of the PMLA Adjudicating Authority was held valid because the Chairperson may constitute one- or two-member Benches for adjudication, and such composition is directory rather than jurisdictional; the coram non judice objection failed. The limitation challenge to retention of seized material was rejected because the COVID-19 exclusion period had to be omitted and no prejudice or miscarriage of justice was shown. For confirmation of provisional attachment, the Court applied the prima facie satisfaction standard, not proof beyond reasonable doubt, and found sufficient material indicating the properties were involved in money laundering as proceeds of crime. All three writ petitions were dismissed.
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