Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
HC held that the impugned provisional attachment of the Petitioner's bank accounts was valid insofar as the exercising officer is concerned: Notification No. 14/2017 dated 1 July 2017 accords the rank of Principal Commissioner, GST to the Principal Additional Director General, DGGI, thereby conferring competence under section 83, CGST Act, 2017 to issue provisional attachments. The Petitioner's challenge to the officer's authority was rejected as unsustainable. The HC nevertheless permitted the Petitioner to file fresh objections to the provisional attachment; upon such filing the authority must communicate its reasons for the attachment to the Petitioner within two weeks. Petition dismissed as disposed.
HC held that the impugned provisional attachment of the Petitioner's bank accounts was valid insofar as the exercising officer is concerned: Notification No. 14/2017 dated 1 July 2017 accords the rank of Principal Commissioner, GST to the Principal Additional Director General, DGGI, thereby conferring competence under section 83, CGST Act, 2017 to issue provisional attachments. The Petitioner's challenge to the officer's authority was rejected as unsustainable. The HC nevertheless permitted the Petitioner to file fresh objections to the provisional attachment; upon such filing the authority must communicate its reasons for the attachment to the Petitioner within two weeks. Petition dismissed as disposed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
