TAN requirement removed and PAN-based challan introduced for resident buyers purchasing property from non-residents, easing compliance procedures.
The new rules increase duty-free allowances by 50% and shift gold jewellery to a weight-only system, replacing value caps under the 2016 framework.
In a case involving delayed filing of annual returns for FY 2013–14, the ROC declined to impose penalty under Section 454. The order clarified that pre-2018 defaults fall under the fine regime, not the penalty regime, leaving compounding as the appropriate remedy.
The Tribunal condoned a 298-day delay in filing appeal, holding that substantial justice must prevail over technicalities. It deleted additions on exempt gratuity and commuted pension, ruling they cannot be taxed as salary.
The Registrar held that delayed filing of financial statements for FY 2013–14 occurred before decriminalisation and falls under the fine regime. Adjudication under Section 454 was declined, with liberty to seek compounding.
The High Court held that the three-month period under Section 73 is mandatory. Orders passed in haste without observing this gap are unsustainable in law.
The High Court ruled that when the initial pre-deposit exceeds 20% of the revised tax demand, no additional payment can be insisted upon for filing appeal before GSTAT.
The Bill seeks retrospective validation of assessment orders despite DIN-quoting errors. Assessments linked to a lawfully generated DIN may no longer be invalidated on technical grounds.
The enforcement of the four Labour Codes reshapes wage structures, union frameworks, and social security obligations for banks. Uneven state implementation increases litigation and reputational exposure.
Courts have clarified that audit limitation begins when records are made available or audit is instituted, whichever is later. Open-ended audits without valid extension are challengeable.
