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...
HC set aside penalty order u/s 270A and notice of demand u/s 156 due to procedural oversight. Department acknowledged they weren't informed about pending appeal proceedings where notice was issued after delay condonation. Matter remitted to National Assessment Unit, NFAC for fresh consideration. Court determined penalty proceedings should have considered existing appeal status before proceeding. Case highlights importance of disclosing concurrent proceedings and proper procedural sequence in tax penalty matters, particularly when appellate authority has already taken cognizance of the main appeal.
HC set aside penalty order u/s 270A and notice of demand u/s 156 due to procedural oversight. Department acknowledged they weren't informed about pending appeal proceedings where notice was issued after delay condonation. Matter remitted to National Assessment Unit, NFAC for fresh consideration. Court determined penalty proceedings should have considered existing appeal status before proceeding. Case highlights importance of disclosing concurrent proceedings and proper procedural sequence in tax penalty matters, particularly when appellate authority has already taken cognizance of the main appeal.
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TaxTMI 
TaxTMI 
