Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Retrospective cancellation of GST registration requires specific reasons in the show cause notice and final order; without such reasons, cancellation cannot be given effect from the original registration date. The HC set aside the order only to that extent and remitted the matter to the Proper Officer for fresh consideration after allowing the taxpayer to file a detailed reply and after hearing. It did not examine the merits of the allegation that no business existed at the declared premises, and confined relief to the effective date of cancellation.
Retrospective cancellation of GST registration requires specific reasons in the show cause notice and final order; without such reasons, cancellation cannot be given effect from the original registration date. The HC set aside the order only to that extent and remitted the matter to the Proper Officer for fresh consideration after allowing the taxpayer to file a detailed reply and after hearing. It did not examine the merits of the allegation that no business existed at the declared premises, and confined relief to the effective date of cancellation.
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