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 held that the State tax authority possesses statutory power under the non-obstante provision of Section 44 to recover tax dues by attaching amounts owed to a dealer, which includes subsidy payments due to an industry under central industrial policies once those claims are processed, approved by the competent State Committees, sanctioned by the DIPP and released via the designated disbursing agency. The court construed "any person from whom any amount is due or may become due" and "any person who holds or may subsequently hold" to encompass persons holding sanctioned subsidy proceeds, enabling recovery forthwith upon such amounts becoming due or held. The writ petitions are disposed of.
HC held that the State tax authority possesses statutory power under the non-obstante provision of Section 44 to recover tax dues by attaching amounts owed to a dealer, which includes subsidy payments due to an industry under central industrial policies once those claims are processed, approved by the competent State Committees, sanctioned by the DIPP and released via the designated disbursing agency. The court construed "any person from whom any amount is due or may become due" and "any person who holds or may subsequently hold" to encompass persons holding sanctioned subsidy proceeds, enabling recovery forthwith upon such amounts becoming due or held. The writ petitions are disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
