To start the discussion, Conciliation is not an adjudicatory or judicial process where the conciliator hears the parties and decides a dispute. Instead, the parties themselves resolve their disputes through a mutually agreed settlement, the terms of which may be arrived at with the assistance of the

If a person sells merely leaves or fruits of the trees or even branches of the trees, it would be difficult (subject to the special exemption under section 4(3) (viii) of the Indian Income-tax Act, 1922) to hold that the realisation is not of the nature of income. Where the trunks are cut so that th

Section 2(68) of CGST defines 'job work' to mean any treatment or process undertaken by a person on goods belonging to another registered person, and the expression 'job worker' shall be construed accordingly. In terms of the definition, any treatment or process done on goods belonging to anothe