Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
A public charitable trust is treated as irrevocable by operation of law unless the trust deed expressly reserves a power of revocation, so the absence of an explicit irrevocability or dissolution clause cannot by itself justify denial of registration or renewal under section 12AB. The Tribunal also held that answering "Yes" in row 6 of Form 10AB, despite the absence of such a clause, is not false or incorrect information and does not amount to a specified violation under Explanation (g) to section 12AB(4). As the section 12AB rejection could not stand, the consequential refusal of approval under section 80G also failed and both rejections were set aside.
A public charitable trust is treated as irrevocable by operation of law unless the trust deed expressly reserves a power of revocation, so the absence of an explicit irrevocability or dissolution clause cannot by itself justify denial of registration or renewal under section 12AB. The Tribunal also held that answering "Yes" in row 6 of Form 10AB, despite the absence of such a clause, is not false or incorrect information and does not amount to a specified violation under Explanation (g) to section 12AB(4). As the section 12AB rejection could not stand, the consequential refusal of approval under section 80G also failed and both rejections were set aside.
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