Centralised assessment transfer becomes unwarranted once the searched person's assessment is complete, requiring restoration to the appropriate charge...
Co-operative deduction eligibility excludes refund and commercial-bank interest, while qualifying co-operative investments require entity-wise verific...
Enhanced tax rate on surrendered unexplained income applies prospectively, while cash-deposit telescoping requires verification of available surrender...
GST registration may be cancelled for failure to furnish returns for the stipulated continuous period after an opportunity of hearing. Cancellation taking effect from a date within the period of default is not retrospective in the strict sense; however, an earlier effective date requires objective, valid reasons. A separate notice on the effective cancellation date is unnecessary where notice of the underlying non-compliances has been issued. GST appellate authorities cannot condone delay beyond the statutory maximum period. Writ jurisdiction cannot ordinarily bypass that limitation, except in exceptional circumstances such as patent lack of jurisdiction or a complete breach of natural justice.
GST registration may be cancelled for failure to furnish returns for the stipulated continuous period after an opportunity of hearing. Cancellation taking effect from a date within the period of default is not retrospective in the strict sense; however, an earlier effective date requires objective, valid reasons. A separate notice on the effective cancellation date is unnecessary where notice of the underlying non-compliances has been issued. GST appellate authorities cannot condone delay beyond the statutory maximum period. Writ jurisdiction cannot ordinarily bypass that limitation, except in exceptional circumstances such as patent lack of jurisdiction or a complete breach of natural justice.
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