Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
A professional body has submitted comprehensive recommendations to improve GST administration, urging fixed reply periods for pre-notice intimations, mandatory virtual hearing compliance, dual electronic/physical service of notices, reliance on portal records (with limited physical submissions), a unified case-tracking ID and draft/save features, separate adjudication and portal access for personal penalties, and strict adherence to conveyance detention procedures. It also seeks operational fixes for ITC distribution, enhanced GSTR-2B functionality, automatic restoration of ITC after withdrawn cancellation, clearer registration jurisdiction and amendment workflows, legacy-proceedings migration on reorganization, streamlined integrated company-GST onboarding, online TDS cancellation, faceless/time-bound refunds, and e-way bill fields for ultimate recipients.
A professional body has submitted comprehensive recommendations to improve GST administration, urging fixed reply periods for pre-notice intimations, mandatory virtual hearing compliance, dual electronic/physical service of notices, reliance on portal records (with limited physical submissions), a unified case-tracking ID and draft/save features, separate adjudication and portal access for personal penalties, and strict adherence to conveyance detention procedures. It also seeks operational fixes for ITC distribution, enhanced GSTR-2B functionality, automatic restoration of ITC after withdrawn cancellation, clearer registration jurisdiction and amendment workflows, legacy-proceedings migration on reorganization, streamlined integrated company-GST onboarding, online TDS cancellation, faceless/time-bound refunds, and e-way bill fields for ultimate recipients.
Note: It is a system-generated summary and is for quick reference only.