Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
The High Court set aside the impugned order dated 27.11.2023 which had blocked the input tax credit availed by the Petitioner based on invoices raised by their Supplier u/s 17(5). The Petitioner agreed to deposit 25% of the disputed tax within four weeks. The impugned order shall be treated as a show cause notice, and the Petitioner shall submit objections along with supporting documents/material within four weeks from the receipt of the order. The petition was disposed of.
The High Court set aside the impugned order dated 27.11.2023 which had blocked the input tax credit availed by the Petitioner based on invoices raised by their Supplier u/s 17(5). The Petitioner agreed to deposit 25% of the disputed tax within four weeks. The impugned order shall be treated as a show cause notice, and the Petitioner shall submit objections along with supporting documents/material within four weeks from the receipt of the order. The petition was disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
