Investigation deposits refunded after failed customs demands fall outside the statutory appellate pre-deposit interest regime and may attract compensa...
Resolution plan finality extinguishes unquantified operational-creditor claims and pending proceedings unless the approved plan expressly preserves th...
Stakeholder-list modification permits liquidators to update entries on new information, subject to notifying the Adjudicating Authority within prescri...
Constitutional validity of the input tax credit condition requiring a supplier's actual tax payment is under Supreme Court consideration. The challenge concerns denial of credit to a bona fide purchaser where the supplier has not remitted tax, including arguments for reading down the condition to prevent double taxation and to satisfy Article 14 equality requirements. The Supreme Court issued notice, stayed the High Court judgment and orders, and listed the matter for final disposal.
Constitutional validity of the input tax credit condition requiring a supplier's actual tax payment is under Supreme Court consideration. The challenge concerns denial of credit to a bona fide purchaser where the supplier has not remitted tax, including arguments for reading down the condition to prevent double taxation and to satisfy Article 14 equality requirements. The Supreme Court issued notice, stayed the High Court judgment and orders, and listed the matter for final disposal.
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TaxTMI 
TaxTMI 
of 4888 
