Personal liberty safeguards restrict arrest after court-directed GST appearance, requiring interim release where authorities overreach pending proceed...
Alternative statutory remedy and delay bar GST writ challenges despite pending rectification, while distinct subject matter permits parallel proceedin...
Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Section 32A protection extends the clean slate principle to a corporate debtor sold as a going concern during liquidation, subject to fulfilment of statutory conditions. Unclaimed past liabilities, pending or future proceedings, and pre-existing non-compliances cannot continue against the purchaser after completion of the sale where the statutory protection applies. This consequence arises by operation of law rather than as a discretionary waiver or concession. Purchasers seeking waivers or concessions concerning past liabilities must pursue those requests before the relevant statutory authorities.
Section 32A protection extends the clean slate principle to a corporate debtor sold as a going concern during liquidation, subject to fulfilment of statutory conditions. Unclaimed past liabilities, pending or future proceedings, and pre-existing non-compliances cannot continue against the purchaser after completion of the sale where the statutory protection applies. This consequence arises by operation of law rather than as a discretionary waiver or concession. Purchasers seeking waivers or concessions concerning past liabilities must pursue those requests before the relevant statutory authorities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
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