Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Levy of tax / penalty - error with regard to the address of the consignee in the E-Way Bill - The High court observes that in numerous judgments, it has been established that the presence of mens rea for tax evasion is essential for the imposition of a penalty. Mere technical errors, without any intent to evade taxes, do not warrant the imposition of a penalty. - Amount already deposited, directed to be refunded.
Levy of tax / penalty - error with regard to the address of the consignee in the E-Way Bill - The High court observes that in numerous judgments, it has been established that the presence of mens rea for tax evasion is essential for the imposition of a penalty. Mere technical errors, without any intent to evade taxes, do not warrant the imposition of a penalty. - Amount already deposited, directed to be refunded.
Note: It is a system-generated summary and is for quick reference only.
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