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[BUSINESS] · India · 2 sources

Indian High Courts Rule on Tax Benefits and Contractor Payments

The Telangana High Court upheld a concessional tax rate for audio‑cassette distributor Mayuri Film Distributors, confirming that a 1995 government order remained operative and remanding the tax assessment to a 3.5% rate despite later schedule changes.

The Andhra Pradesh High Court ruled that withholding payments to contractors for Pulivendula Area Development Authority projects is not justified merely because a Vigilance and Enforcement inquiry is pending. Justice K Srinivasa Reddy ordered bills up to ₹25 lakh be paid within four weeks and larger bills within eight weeks, allowing recovery later if irregularities are found.

Entities: Andhra Pradesh High Court · Justice K Srinivasa Reddy · Mayuri Film Distributors · Pulivendula Area Development Authority · Telangana High Court