Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
HC held that the assessee failed to deposit 20% of the disputed demand (Rs. 69,05,933/-) as a pre-condition for staying the demand for AY 2016-17. The outstanding demand was consequently recovered from the refund due for AY 2014-15 through an appeal effect order. The court rejected the assessee's contention that the refund adjustment was contrary to the office memorandum, thereby upholding the tax authority's action of recovering the disputed amount through available refund mechanisms.
HC held that the assessee failed to deposit 20% of the disputed demand (Rs. 69,05,933/-) as a pre-condition for staying the demand for AY 2016-17. The outstanding demand was consequently recovered from the refund due for AY 2014-15 through an appeal effect order. The court rejected the assessee's contention that the refund adjustment was contrary to the office memorandum, thereby upholding the tax authority's action of recovering the disputed amount through available refund mechanisms.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
