Supreme Court Lays Down Principles Governing Joint Trials in Criminal Cases under CrPC and BNSS || Karnataka HC: Person Joining Festivals of Another Religion Does Not Violate Rights || Himachal Pradesh High Court: Recovery of Money without Proof of Demand Is Not Bribery || Kerala HC: Cognizance Of Rape u/s 376B IPC Needs Complaint by Separated Wife, Not on Police Report || J&K&L HC: Dealership & Lease Agreements Are Separate Contracts and Disputes Must Be Filed Separately || Calcutta High Court: Unemployment Does Not Excuse Able-Bodied Husband from Maintaining His Wife || Ker. HC: Violating the Procedure for Sampling Contraband u/s 53A of Abkari Act Vitiates Prosecution || Delhi High Court: Students with Less Than 75% Attendance Cannot Contest DU Student Union Elections || Delhi High Court: UGC Cannot Debar a University from PhD Admissions under UGC Act || Delhi High Court: MCD's Higher Property Tax on Luxury Hotels Not Arbitrary

Search Results for Tag : Excess credit

Judgments

For erroneous credit availed, even if, not utilized, interest could be applicable for the normal period of limitation(19.01.2018)

In the facts of present case, the Appellant had wrongly taken excess credit of Rs. 9,97,32,292 during the period September 2008 to January 2009 on imp.....

Tags : Excess credit, Interest, Payment

News

Madras HC:Recovery Can Only be Started Once Amount of Excess Credit Has Been Quantified in Assessment(12.06.2019)

Madras High Court has observed that power to punish would stand triggered only once it is established that an Assessee has ‘committed’ an offence.

Tags : Madras HC, Excess Credit