Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Stay of recovery proceedings initiated under Section 226(3) - Political Party claiming exemption u/s 13A as appliable to Trusts, denied - The tribunal dismissed these allegations, highlighting that the Assessing Officer proceeded according to the due process of law. The claim of hardship was found to lack merit as the assessee had ample opportunities to address the demand, including a chance to pay 20% of the demand in October 2021, which was not taken. - While this issue's specific judicial reasoning is not provided in the Stay Application's context, the denial of exemption by the Assessing Officer underlines strict adherence to the statutory requirements of the Income-tax Act.
Stay of recovery proceedings initiated under Section 226(3) - Political Party claiming exemption u/s 13A as appliable to Trusts, denied - The tribunal dismissed these allegations, highlighting that the Assessing Officer proceeded according to the due process of law. The claim of hardship was found to lack merit as the assessee had ample opportunities to address the demand, including a chance to pay 20% of the demand in October 2021, which was not taken. - While this issue's specific judicial reasoning is not provided in the Stay Application's context, the denial of exemption by the Assessing Officer underlines strict adherence to the statutory requirements of the Income-tax Act.
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