No GST on supply of goods from place in non-taxable territory to another place in non-taxable territory without entering into India: AAR

Case Details: Authority for Advance … Continue reading “No GST on supply of goods from place in non-taxable territory to another place in non-taxable territory without entering into India: AAR”

No exemption u/s 10(23C) if fees charged by hospital is at par with other hospitals running on commercial basis: SC

Case details: Ashwini Sahakari Rugnalaya … Continue reading “No exemption u/s 10(23C) if fees charged by hospital is at par with other hospitals running on commercial basis: SC”

Bank officer who was conferred power of attorney to initiate CIRP can file petition u/s 7 against corporate debtor: NCLT

Case Details: Punjab National Bank … Continue reading “Bank officer who was conferred power of attorney to initiate CIRP can file petition u/s 7 against corporate debtor: NCLT”

Interest on borrowed capital from the date of ‘Trial Run’ till date of commercial start to be treated as revenue expenditure: Delhi ITAT

Case details: ACIT, Central Circle-19, … Continue reading “Interest on borrowed capital from the date of ‘Trial Run’ till date of commercial start to be treated as revenue expenditure: Delhi ITAT”

Resolution applicant can change nature of business of corporate debtor as long as the objective of IBC isn’t hampered

Case details: Next Orbit Ventures … Continue reading “Resolution applicant can change nature of business of corporate debtor as long as the objective of IBC isn’t hampered”