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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
The notification amends the earlier central excise notification on special additional excise duty for aviation turbine fuel cleared for exports by substituting the rate entry in the table with a revised levy of Rs. 16 per litre. The amendment operates as a further change to the principal notification and applies from 16 May 2026.
The notification amends the earlier central excise notification on special additional excise duty for aviation turbine fuel cleared for exports by substituting the rate entry in the table with a revised levy of Rs. 16 per litre. The amendment operates as a further change to the principal notification and applies from 16 May 2026.
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