Functional comparability under TNMM: broadcasters excluded, software distributors included, and no separate interest on receivables after working capi...
Page of 4811
Press 'Enter' after typing page number.
4201 to 4220 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
In writ proceedings, a taxpayer who received a show cause notice alleging wilful suppression and invoking Section 74, but filed no reply, made payment without protest, and accepted before the adjudicating authority that tax, interest and penalty would be paid, was held estopped from taking a contrary stand later. The Court treated the recorded admission and unchallenged adjudication note as decisive, and held that prior voluntary payment after audit detection did not by itself defeat Section 74 where the allegation of suppression remained uncontested. On that basis, no interference under Article 226 was made and the writ challenge failed.
In writ proceedings, a taxpayer who received a show cause notice alleging wilful suppression and invoking Section 74, but filed no reply, made payment without protest, and accepted before the adjudicating authority that tax, interest and penalty would be paid, was held estopped from taking a contrary stand later. The Court treated the recorded admission and unchallenged adjudication note as decisive, and held that prior voluntary payment after audit detection did not by itself defeat Section 74 where the allegation of suppression remained uncontested. On that basis, no interference under Article 226 was made and the writ challenge failed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
