Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Wrong availment of transitional Input Tax Credit - request for an adjournment was not responded to - The Court acknowledged that although a personal hearing was offered under the reminder dated 16.12.2023, the subsequent issuance of the impugned order without considering the petitioner's adjournment request rendered the order unsustainable. Consequently, the High Court quashed the impugned order and remanded the matter for reconsideration.
Wrong availment of transitional Input Tax Credit - request for an adjournment was not responded to - The Court acknowledged that although a personal hearing was offered under the reminder dated 16.12.2023, the subsequent issuance of the impugned order without considering the petitioner's adjournment request rendered the order unsustainable. Consequently, the High Court quashed the impugned order and remanded the matter for reconsideration.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
