COVID-19 limitation exclusion and destination-specific e-way bills govern revisional timelines and penalties for undocumented third-party plywood deli...
Questions arising from miscellaneous application orders cannot challenge unaltered Tribunal findings, leaving the original order separately challengea...
Transfer-pricing comparability filters require fresh arm's-length analysis, while delayed receivables need separate reconsideration with working-capit...
Section 153C jurisdiction requires timely deemed search and assessee-specific satisfaction material; otherwise reassessment must use the proper statut...
Page of 4891
Press 'Enter' after typing page number.
681 to 700 of 97820 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 modified the stay conditions relating to an ex parte faceless assessment order which fixed taxable income at an amount vastly exceeding the assessee's reported earnings and where Revenue had seized bank accounts and immovable property. The court found the earlier requirement-payment of Rs.5 lakh per month until 20% of the demand was discharged-unduly onerous and substituted an interim regime: the assessee must pay Rs.1,00,000 per month until either 5% of the outstanding demand is paid or the appellate authority decides the appeal, whichever occurs earlier. The HC directed the appellate authority to decide the appeal expeditiously, preferably within four months of receipt of certified copy, and restrained the assessee from alienating or mortgaging immovable property without prior written permission of the jurisdictional AO.
The HC modified the stay conditions relating to an ex parte faceless assessment order which fixed taxable income at an amount vastly exceeding the assessee's reported earnings and where Revenue had seized bank accounts and immovable property. The court found the earlier requirement-payment of Rs.5 lakh per month until 20% of the demand was discharged-unduly onerous and substituted an interim regime: the assessee must pay Rs.1,00,000 per month until either 5% of the outstanding demand is paid or the appellate authority decides the appeal, whichever occurs earlier. The HC directed the appellate authority to decide the appeal expeditiously, preferably within four months of receipt of certified copy, and restrained the assessee from alienating or mortgaging immovable property without prior written permission of the jurisdictional AO.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
