Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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Retrospective relaxation of the time limit for claiming input tax credit under section 16(5) can remove the section 16(4) impediment where returns for the relevant period were filed by 30 November 2021; accordingly, the delayed-availment demand for 2018-19 was quashed. Alleged GST short payment and excess credit arising from supplier-return mismatches require factual reconsideration, including verification of claimed voluntary payment and asserted insolvency proceedings involving the service provider. Consequential enhanced penalty depends on the surviving demand and therefore could not be sustained while the remaining issues required fresh adjudication.
Retrospective relaxation of the time limit for claiming input tax credit under section 16(5) can remove the section 16(4) impediment where returns for the relevant period were filed by 30 November 2021; accordingly, the delayed-availment demand for 2018-19 was quashed. Alleged GST short payment and excess credit arising from supplier-return mismatches require factual reconsideration, including verification of claimed voluntary payment and asserted insolvency proceedings involving the service provider. Consequential enhanced penalty depends on the surviving demand and therefore could not be sustained while the remaining issues required fresh adjudication.
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