Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
Faceless Assessment Unit passed assessment order beyond seven days from show-cause issuance, violating natural justice principles. Submit Response Button deactivation prompted petitioner to file response via Help Desk Grievance Cell, unnoticed by Faceless Assessment Unit. Order u/s 147 read with Section 144B for assessment year 2018-19 set aside due to violation of natural justice and non-compliance with Standard Operating Procedure. Matter remanded to Faceless Assessment Unit to dispose proceedings after considering petitioner's response already on record.
Faceless Assessment Unit passed assessment order beyond seven days from show-cause issuance, violating natural justice principles. Submit Response Button deactivation prompted petitioner to file response via Help Desk Grievance Cell, unnoticed by Faceless Assessment Unit. Order u/s 147 read with Section 144B for assessment year 2018-19 set aside due to violation of natural justice and non-compliance with Standard Operating Procedure. Matter remanded to Faceless Assessment Unit to dispose proceedings after considering petitioner's response already on record.
Note: It is a system-generated summary and is for quick reference only.