Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Demand of interest u/s 50 - Seeking benefit of amendments to Section 50 as the amendment was done retrospectively by the Finance Acts of 2019 and 2021. - The High court decided to dispose of the petition and directed the petitioner to approach the respondents with a representation indicating the payable amount as per their understanding. The respondents were ordered to re-determine the interest payable by the petitioner in accordance with the amended Section 50 of the CGST Act and proceed as per law.
Demand of interest u/s 50 - Seeking benefit of amendments to Section 50 as the amendment was done retrospectively by the Finance Acts of 2019 and 2021. - The High court decided to dispose of the petition and directed the petitioner to approach the respondents with a representation indicating the payable amount as per their understanding. The respondents were ordered to re-determine the interest payable by the petitioner in accordance with the amended Section 50 of the CGST Act and proceed as per law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
