Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Insolvency and BankruptcyNovember 16, 2022Case LawsHC
Recovery of past dues of Maharashtra State Electricity Distribution Company Limited (MSEDCL) - There is a completely unexplained failure on MSEDCL’s part to lodge its claim within the RP in time. It really had to do very little except lodge its claim. There is the Supreme Court finding in Ghanashyam Mishra [2021 (4) TMI 613 - SUPREME COURT] regarding other claims including from tax authorities standing extinguished after the 2019 amendment. That simply cannot be ignored. - HC
Recovery of past dues of Maharashtra State Electricity Distribution Company Limited (MSEDCL) - There is a completely unexplained failure on MSEDCL’s part to lodge its claim within the RP in time. It really had to do very little except lodge its claim. There is the Supreme Court finding in Ghanashyam Mishra [2021 (4) TMI 613 - SUPREME COURT] regarding other claims including from tax authorities standing extinguished after the 2019 amendment. That simply cannot be ignored. - HC
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TaxTMI 
TaxTMI 
