Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
The HC held that since the entire tax liability was discharged through the electronic credit ledger before any intimation or show-cause notice, and there was no wilful mis-statement or suppression by the petitioner, the provisions of Sec. 74 of the GST Act are inapplicable. The petitioner's failure to offset the tax liability from the credit ledger was inadvertent and not indicative of fraud. Consequently, the HC directed the respondent AO to pass a fresh de novo order under Sec. 73 of the GST Act, after affording the petitioner an opportunity of hearing, within three months from receipt of the order. The petition was disposed of accordingly.
The HC held that since the entire tax liability was discharged through the electronic credit ledger before any intimation or show-cause notice, and there was no wilful mis-statement or suppression by the petitioner, the provisions of Sec. 74 of the GST Act are inapplicable. The petitioner's failure to offset the tax liability from the credit ledger was inadvertent and not indicative of fraud. Consequently, the HC directed the respondent AO to pass a fresh de novo order under Sec. 73 of the GST Act, after affording the petitioner an opportunity of hearing, within three months from receipt of the order. The petition was disposed of accordingly.
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