Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Where a faceless reassessment effectively operates as a best judgment assessment because the assessee does not comply with section 142(1) notices and does not adequately to section 144 show-cause notices, the Commissioner (Appeals) may set aside the matter and remit it for fresh assessment. The Tribunal noted that the proviso to section 251(1)(a), inserted from 1 October 2024, expressly permits such a remand in appeals against orders made under section 144. As additional evidence in the form of e-way bills had been filed and the assessee alleged inadequate opportunity, the remand was held proper. The Revenue's challenge failed and the remand order was upheld.
Where a faceless reassessment effectively operates as a best judgment assessment because the assessee does not comply with section 142(1) notices and does not adequately to section 144 show-cause notices, the Commissioner (Appeals) may set aside the matter and remit it for fresh assessment. The Tribunal noted that the proviso to section 251(1)(a), inserted from 1 October 2024, expressly permits such a remand in appeals against orders made under section 144. As additional evidence in the form of e-way bills had been filed and the assessee alleged inadequate opportunity, the remand was held proper. The Revenue's challenge failed and the remand order was upheld.
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