The government has approved a university under Section 35(1)(ii), enabling donors to claim tax deductions for research contributions. Compliance with reporting and certification requirements is mandatory.
CBIC appoints a common adjudicating authority to handle multiple show cause notices across jurisdictions. The move ensures uniform decisions and streamlined adjudication.
The government has updated tariff tables under customs law but retained existing values for palm oil, gold, silver, and areca nuts. The move ensures continuity without impacting import valuation.
The article explains how GeM enables businesses to sell directly to government buyers under legal provisions. The key takeaway is that registration is essential for accessing government contracts.
The tribunal held that a gift deed alone cannot establish legitimacy under Section 68. It directed fresh scrutiny of the donor’s financial capacity.
The procedure for conversion of a One Person Company (OPC) into a Private Limited Company is governed by Section 18 of the Companies Act, 2013 and Rule 6 of the Companies (Incorporation) Rules, 2014. The company must meet eligibility criteria requiring a minimum of two shareholders and two directors. The process begins with convening a […]
F S Enterprise Vs State of Gujarat (Gujarat High Court) The Gujarat High Court disposed of multiple petitions through a common judgment as the facts and issues involved were substantially similar. The petitioner, a proprietary concern registered under the GST Acts, had supplied TMT bars and related goods pursuant to an order from a registered […]
The Court refused to interfere as the writ petition was filed after completion of reassessment proceedings. It held that factual disputes must be examined through statutory appeal, not writ jurisdiction.
GST में भवन को अचल संपत्ति मानकर ITC रोका गया है। जबकि मशीनरी पर पूरा ITC मिलने से लागत प्रबंधन संभव होता है।
The tribunal held that reassessment fails if no addition is made on the issue cited for reopening. Additions on unrelated grounds were declared beyond jurisdiction.
