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...
Default in payment of GST in spite of the fact that amount was deposited in Electronic Cash Ledger (ECL) - delay in filing of GSTR-3B returns - High Court observed that, as long as GST collected by a registered person is credited to the government's account not later than the last date for filing monthly returns, the tax liability of that registered person is discharged from the date when the amount was credited to the government's account. Any default in payment of GST, even after the due date for filing monthly returns, will lead to interest liability. - Accordingly the proceedings quashed.
Default in payment of GST in spite of the fact that amount was deposited in Electronic Cash Ledger (ECL) - delay in filing of GSTR-3B returns - High Court observed that, as long as GST collected by a registered person is credited to the government's account not later than the last date for filing monthly returns, the tax liability of that registered person is discharged from the date when the amount was credited to the government's account. Any default in payment of GST, even after the due date for filing monthly returns, will lead to interest liability. - Accordingly the proceedings quashed.
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TaxTMI 
TaxTMI 
