Wednesday, 5 December 2018

SC- Posts National Herald matter for Jan'19; Re-assessment to continue

SC adjourns hearing of SLP filed by Congress leaders Sonia Gandhi & Rahul Gandhi against Delhi HC order allowing reassessment in connection with National Herald controversy, to January 8, 2019; Since the limitation period for completing the assessment is expiring, SC directs AO to complete the assessment and pass the assessment order as well; However, SC states that “till the next date of hearing that would not be given effect.”; Clarifies that “since the matter is still at the preliminary stage and limitation is expiring, aforesaid course of action is adopted without going into the merits of the case”. 

No comments:

Can GST Under RCM Not Charged and Paid from FY 2017-18 to October 2024 be Settled in FY 2024-25?

 In a recent and significant update to GST regulations, registered persons in India can now clear unpaid Reverse Charge Mechanism (RCM) liab...