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...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Section 54 construction relief survives pre-transfer commencement when completion occurs within the statutory period, excluding ineligible spouse-owne...
Cash does not fall within the category of articles that may be seized during a search under section 67 of the CGST Act. Retention of seized cash until refund is illegal, and refund does not extinguish entitlement to accrued interest; the interest must be calculated and paid. Following issuance of a demand-cum-show-cause notice, seized mobile phones, pen drives and a bank card are liable to be released forthwith upon production of a certified copy of the order.
Cash does not fall within the category of articles that may be seized during a search under section 67 of the CGST Act. Retention of seized cash until refund is illegal, and refund does not extinguish entitlement to accrued interest; the interest must be calculated and paid. Following issuance of a demand-cum-show-cause notice, seized mobile phones, pen drives and a bank card are liable to be released forthwith upon production of a certified copy of the order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
