Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The High Court held that the Revenue department's request for two months to pay interest on refunds delayed by the department itself was audacious, as public money is utilized for interest payments. The Court directed the department to calculate interest up to March 1, 2024, and pay the balance interest by that date, failing which contempt proceedings would be initiated for willful disobedience of the Court's orders, emphasizing the need to save public funds and comply with judicial directives promptly.
The High Court held that the Revenue department's request for two months to pay interest on refunds delayed by the department itself was audacious, as public money is utilized for interest payments. The Court directed the department to calculate interest up to March 1, 2024, and pay the balance interest by that date, failing which contempt proceedings would be initiated for willful disobedience of the Court's orders, emphasizing the need to save public funds and comply with judicial directives promptly.
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