Mechanical approval under search assessment law vitiates assessments when sanction lacks application of mind; retrospective curative provision cannot ...
Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Page of 4817
Press 'Enter' after typing page number.
2381 to 2400 of 96333 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC dismissed the writ petition, holding that Section 74(10) requires the impugned order to be issued within the limitation period but not the subsequent DRC-07, which is a post-order electronic summary under Rule 142; deemed service under Section 169 (including electronic communication) suffices for issuance. The court recognised Section 74's extended period applies only where fraud, wilful misstatement or suppression is established and found the investigation prima facie disclosed alleged fraudulent ITC availment. The Petitioner was granted leave to file an appeal under Section 107 by 30 September 2025 with the requisite pre-deposit; if so filed timely, the Appellate Authority shall determine it on merits, not on limitation.
The HC dismissed the writ petition, holding that Section 74(10) requires the impugned order to be issued within the limitation period but not the subsequent DRC-07, which is a post-order electronic summary under Rule 142; deemed service under Section 169 (including electronic communication) suffices for issuance. The court recognised Section 74's extended period applies only where fraud, wilful misstatement or suppression is established and found the investigation prima facie disclosed alleged fraudulent ITC availment. The Petitioner was granted leave to file an appeal under Section 107 by 30 September 2025 with the requisite pre-deposit; if so filed timely, the Appellate Authority shall determine it on merits, not on limitation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
