Supreme Court clarifies ITC eligibility for construction under GST in Safari Retreats case, addressing “plant” definition, functionality test, and Section 17(5) provisions.
SC’s landmark ruling clarifies that royalty on mining leases is not a tax, resolving a long-standing dispute with an 8:1 majority.
Explore the tax implications of Corporate Social Responsibility (CSR) in India. Understand how CSR expenses impact deductions, taxes, and financial compliance.
