PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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The HC directed that, since the appellate fact-finding by the ITAT attained finality and the petitioner paid the assessed arrears in accordance with the tribunal's order, no further recovery proceedings could be lawfully pursued and the existing attachment must be lifted. Relying on the mandate of s.225(2) of the IT Act, the court ordered the Tax Recovery Officer (TRO) to vacate the attachment dated 10.12.2021 and notify the concerned respondent within four weeks; the receiving respondent was ordered to remove encumbrances in the entry certificate forthwith upon receipt. The court emphasized that the Department remains free to seek recovery only if it succeeds in any subsequent appeal.
The HC directed that, since the appellate fact-finding by the ITAT attained finality and the petitioner paid the assessed arrears in accordance with the tribunal's order, no further recovery proceedings could be lawfully pursued and the existing attachment must be lifted. Relying on the mandate of s.225(2) of the IT Act, the court ordered the Tax Recovery Officer (TRO) to vacate the attachment dated 10.12.2021 and notify the concerned respondent within four weeks; the receiving respondent was ordered to remove encumbrances in the entry certificate forthwith upon receipt. The court emphasized that the Department remains free to seek recovery only if it succeeds in any subsequent appeal.
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