The issue was whether SEZ deduction could be denied for alleged late filing of Form 56F. The Tribunal held that filing within the CBDT-extended deadline was valid and CPC erred in disallowance. The ruling confirms that statutory extensions must be honoured in return processing.
The issue was whether payments received by private firms were genuine business income or tainted funds. The Tribunal held that advance payments and manipulated tendering showed diversion of NRHM money, justifying attachment.
The Supreme Court reinstated a judicial officer removed solely for granting bail without citing a statute in four cases. The Court emphasized that judicial errors alone cannot justify disciplinary action and awarded full back wages.
Courts have validated the faceless assessment framework while insisting on strict adherence to fairness. The key takeaway is that efficiency cannot override the right to a meaningful hearing.
This article explains how the UAE’s APA regime reduces transfer pricing disputes. The key takeaway is enhanced predictability for complex related-party transactions.
This article explains how GST applies by defining supply, bundled transactions, and tax levy. The key takeaway is that understanding these sections prevents misclassification and disputes.
The regulations replace the 2000 framework and restrict resident participation in guarantees involving non-residents, subject to defined permissions and exemptions. They also introduce enhanced reporting and compliance requirements.
This article breaks down GST rates on hotels, air travel, tour packages, and food. The key takeaway is how composite tour structures affect the final tax cost.
The analysis explains how restricting PPIRP to MSMEs is causing missed opportunities for value preservation. It highlights why larger corporates may benefit more from a regulated pre-pack framework.
The case examined severe shortcomings in menstrual hygiene facilities in government schools and their impact on girls’ dignity and education. While the issue was held to raise serious rights concerns, the Commission declined intervention, citing its limited jurisdiction over systemic policy failures.
