Self‑Corrected Clerical Error in Return Is Not Undisclosed Income Under Section 271AAB • Foreign‑Marked Gold Backed by GST Invoices Shifts Onus to Customs: CESTAT Ahmedabad • Section 108 Admissions and Parallel Invoices Sustain Hop Undervaluation Demand • Documented Change of Destination Alone Does Not Justify Section 129 Penalty: GSTAT Lucknow • Section 130 Clauses Are Distinct; Intent to Evade Not Needed for Each: GSTAT Lucknow • Rule 42 Reversal Cannot Be Dropped Without Recording Taxable and Exempt Turnover • Revocation of Cancelled Registration Requires Interest, Late Fee and Penalty Too • Later Order in Another Case Is No Ground to Rectify Anti‑Profiteering Order
#New Delhi
5 articles
Hypothecator Assuming Borrower’s Dues Is Corporate Guarantor, Insolvency Lies With Borrower’s NCLT
The National Company Law Appellate Tribunal upheld insolvency admission of four Imagine group companies as corporate guarantors, holding that hypothecation and…
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