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 Direct Tax Vivad Se Vishwas Act, 2020 aims to settle tax disputes. The term "appeal" under the Act includes writ petitions challenging tax orders, as per Supreme Court interpretations. The petitioner's writ petition challenging the tax order qualifies as an "appeal" under the Act, making them eligible to settle the dispute. The Act covers "tax arrears," including interest on disputed tax. The Court directed the authorities to process the petitioner's application under the Act expeditiously, emphasizing the legislative intent to provide amnesty for settling tax arrears disputes.
The Direct Tax Vivad Se Vishwas Act, 2020 aims to settle tax disputes. The term "appeal" under the Act includes writ petitions challenging tax orders, as per Supreme Court interpretations. The petitioner's writ petition challenging the tax order qualifies as an "appeal" under the Act, making them eligible to settle the dispute. The Act covers "tax arrears," including interest on disputed tax. The Court directed the authorities to process the petitioner's application under the Act expeditiously, emphasizing the legislative intent to provide amnesty for settling tax arrears disputes.
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