Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
The High Court considered a case involving the cancellation of GST registration due to a non-speaking order issued without providing supportive documents or adequate notice to the petitioners. Citing the importance of natural justice principles, the Court emphasized the need for an opportunity to be heard when civil consequences are likely. The Court found that the lack of material evidence provided to the petitioners along with the show cause notice rendered the subsequent order non-speaking and unjust. Drawing parallels to a previous case, the Court concluded that the petition should be allowed based on the violation of natural justice principles. The petition was granted in favor of the petitioners.
The High Court considered a case involving the cancellation of GST registration due to a non-speaking order issued without providing supportive documents or adequate notice to the petitioners. Citing the importance of natural justice principles, the Court emphasized the need for an opportunity to be heard when civil consequences are likely. The Court found that the lack of material evidence provided to the petitioners along with the show cause notice rendered the subsequent order non-speaking and unjust. Drawing parallels to a previous case, the Court concluded that the petition should be allowed based on the violation of natural justice principles. The petition was granted in favor of the petitioners.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
