Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
CESTAT (Appellate Tribunal) addressed whether appeals continue post initiation of Corporate Insolvency Resolution Process (CIRP) and approval of Resolution plan u/s Insolvency and Bankruptcy Code, 2016. Referring to M/S. ALOK INDUSTRIES LTD. case, it was noted that Rule 22 applies upon NCLT appointing a successor interest with rights for continuation. Tribunal's powers are limited by statute; exceeding these renders orders invalid. CIRP initiation and Resolution plan approval result in appeal abatement u/s Rule 22 of CESTAT (Procedure) Rules, 1982. Appeals by both parties abated.
CESTAT (Appellate Tribunal) addressed whether appeals continue post initiation of Corporate Insolvency Resolution Process (CIRP) and approval of Resolution plan u/s Insolvency and Bankruptcy Code, 2016. Referring to M/S. ALOK INDUSTRIES LTD. case, it was noted that Rule 22 applies upon NCLT appointing a successor interest with rights for continuation. Tribunal's powers are limited by statute; exceeding these renders orders invalid. CIRP initiation and Resolution plan approval result in appeal abatement u/s Rule 22 of CESTAT (Procedure) Rules, 1982. Appeals by both parties abated.
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TaxTMI 
TaxTMI 
