Transfer of going concern and transfer of input tax credit under GST allowed; exemption applies though interstate ledger transfers left to authorities...
Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Page of 4811
Press 'Enter' after typing page number.
6521 to 6540 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The article addresses penalty proceedings under section 271D for alleged contravention of section 269SS: tribunals have held that cash received as part of sale consideration expressly recorded in a registered sale deed may fall outside the prohibition on specified cash receipts, and penalty cannot stand where the Assessing Officer has not recorded satisfaction in assessment proceedings. It further notes limitation rulings applying the TOLA extension as making show-cause notices issued well after the extended reasonable period time-barred; on those grounds the impugned penalty was deleted and the assessee's appeal allowed.
The article addresses penalty proceedings under section 271D for alleged contravention of section 269SS: tribunals have held that cash received as part of sale consideration expressly recorded in a registered sale deed may fall outside the prohibition on specified cash receipts, and penalty cannot stand where the Assessing Officer has not recorded satisfaction in assessment proceedings. It further notes limitation rulings applying the TOLA extension as making show-cause notices issued well after the extended reasonable period time-barred; on those grounds the impugned penalty was deleted and the assessee's appeal allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
