Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
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The HC granted a partial stay of the impugned order blocking electronic credit ledger, limiting relief to 50% of the petitioner's assessed tax liability of Rs. 23,75,480 (i.e., Rs. 11,87,740). The negative blocking of Rs. 48,93,551 remains but is reduced effectively to Rs. 37,05,811 pending further consideration; the petitioner is authorized to debit Rs. 11,87,740 from the blocked credit and must replenish the full blocked amount of Rs. 48,93,551 before the next tax payment due date. The negative blocking shall continue until filing of the next monthly return and payment or until an order under Rule 86(2) or Rule 86A supersedes it. Petition disposed.
The HC granted a partial stay of the impugned order blocking electronic credit ledger, limiting relief to 50% of the petitioner's assessed tax liability of Rs. 23,75,480 (i.e., Rs. 11,87,740). The negative blocking of Rs. 48,93,551 remains but is reduced effectively to Rs. 37,05,811 pending further consideration; the petitioner is authorized to debit Rs. 11,87,740 from the blocked credit and must replenish the full blocked amount of Rs. 48,93,551 before the next tax payment due date. The negative blocking shall continue until filing of the next monthly return and payment or until an order under Rule 86(2) or Rule 86A supersedes it. Petition disposed.
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