Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
Seeking refund the pre-deposit along with applicable interest - recovery of cash and seizure of goods of foreign origin - contravention of EXIM Policy - The High court concludes that the petitioner is entitled to interest on the entire amount deposited, including the redemption fine and penalty, as the revenue authority retained the amount without any legal right.
Seeking refund the pre-deposit along with applicable interest - recovery of cash and seizure of goods of foreign origin - contravention of EXIM Policy - The High court concludes that the petitioner is entitled to interest on the entire amount deposited, including the redemption fine and penalty, as the revenue authority retained the amount without any legal right.
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