Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Refund of service tax allegedly deducted under reverse charge requires documentary or other evidence establishing actual payment. A refund claim narration or work order may indicate an intended deduction but does not verify debit and deposit; unsupported refund components may therefore be withheld. Voluntarily self-assessed service tax claimed as paid under a mistake of law remains governed by the refund and interest framework in Sections 11B and 11BB, rather than being treated as a revenue deposit. Interest on admissible refunds accrues only after three months from receipt of the refund application, at the notified 6% rate, not from the payment date or at a higher rate.
Refund of service tax allegedly deducted under reverse charge requires documentary or other evidence establishing actual payment. A refund claim narration or work order may indicate an intended deduction but does not verify debit and deposit; unsupported refund components may therefore be withheld. Voluntarily self-assessed service tax claimed as paid under a mistake of law remains governed by the refund and interest framework in Sections 11B and 11BB, rather than being treated as a revenue deposit. Interest on admissible refunds accrues only after three months from receipt of the refund application, at the notified 6% rate, not from the payment date or at a higher rate.
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