Automated airline software subscriptions without human intervention fail technical-services characterisation and do not make available underlying tech...
Business support recruitment and training receipts qualify for presumptive business taxation, not professional taxation under technical consultancy ru...
Treaty exemption for foreign permanent-establishment management fees prevailed, while dividend expense disallowance remained limited to an accepted al...
Centralised assessment transfers: participation after requesting centralisation can bar technical jurisdictional challenges, while assessment disputes...
Binding precedent remains operative despite pending challenge, supporting deletion of interest disallowance when debt is converted into preference sha...
Operational debt and default arising from mustard-seed supplies were established through TDS deductions, GST input tax credit and ledger entries showing that goods were supplied and received. An incorrect PIN Code in invoices and e-way bills did not disprove delivery where those records otherwise matched the corporate debtor's registered-office address and no contemporaneous non-supply objection was raised; the non-supply defence was rejected. The corporate debtor's own ledger showed an outstanding balance above the insolvency threshold, so further reconciliation was unnecessary and admission of the insolvency application was upheld.
Operational debt and default arising from mustard-seed supplies were established through TDS deductions, GST input tax credit and ledger entries showing that goods were supplied and received. An incorrect PIN Code in invoices and e-way bills did not disprove delivery where those records otherwise matched the corporate debtor's registered-office address and no contemporaneous non-supply objection was raised; the non-supply defence was rejected. The corporate debtor's own ledger showed an outstanding balance above the insolvency threshold, so further reconciliation was unnecessary and admission of the insolvency application was upheld.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4910 
