Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
CBDT stay instructions limit recovery of a tax demand disputed before the First Appellate Authority to 20% as a pre-condition for stay. Refunds for later assessment years may not be adjusted against the disputed demand where prior payments and such adjustments have already recovered more than that threshold. Adjustment beyond 20% is impermissible, and the excess recovery must be refunded within four weeks while the first appeal remains pending.
CBDT stay instructions limit recovery of a tax demand disputed before the First Appellate Authority to 20% as a pre-condition for stay. Refunds for later assessment years may not be adjusted against the disputed demand where prior payments and such adjustments have already recovered more than that threshold. Adjustment beyond 20% is impermissible, and the excess recovery must be refunded within four weeks while the first appeal remains pending.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
