Objectives & Agenda :
To know when an appeal can be made before a Commissioner, High Court and Supreme Court. To gain knowledge regarding the pre-requisites for filing an appeal. To understand the provisions relating to the fines, penalties and the time limit in an appeal. To gain insight regarding the procedure followed during an appeal.
Objectives & Agenda :
To know when an appeal can be made before a Commissioner, High Court and Supreme Court. To gain knowledge regarding the pre-requisites for filing an appeal. To understand the provisions relating to the fines, penalties and the time limit in an appeal. To gain insight regarding the procedure followed during an appeal.
The Federal Tax authority (FTA) operates using the Tax Procedures law that permits the FTA to assess payable taxes, tax audits, determine tax evasion and issue administrative penalties. These tax assessments as stated can result in a decision to make the taxpayer pay penalties pertaining to a particular transaction or tax period.
10. imposition of penalty ICAB, KL, Study Manual
10. imposition of penalty ICAB, KL, Study Manual
10. imposition of penalty ICAB, KL, Study Manual
10. imposition of penalty ICAB, KL, Study Manual
Adjudication and Appeals provisions under GST. Includes provisions as per Chapter XVIII of CGST Act, 2017 together with Chapter XIII of CGST Rules, 2017.
The Direct Tax Vivad se Vishwas Rules, 2020 ('the Rules') have been notified. The Rules inter alia laid down the procedure and the forms, which need to be filled in. Further, along with detailed instructions for taxpayers to file the declaration and the undertaking; e-filing utility has also been enabled.
A voluntary dispute resolution scheme called as Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 has been introduced by the Government for resolution of the Legacy disputes under Central Excise, Service Tax etc. (Incorporating clarification and procedure vide Circular 1071/4/2019-CX8. dated 27/08/2019)
OBJECTIVE
Customs duty is an indirect tax, which is a tax on the goods and not a tax on the person having or owning the goods.In this webinar, we shall know when an assessment can be made and when shall an appeal be made before a commissioner, High Court and Supreme Court.
Sometimes a taxpayer is not satisfied with the orders of any income tax I authority or even any income tax authority does not agree with the orders passed by any appellate authority. In such cases Income Tax Ordinance, 2001 gives the right of appeal to the aggrieved party. A detailed procedure is also given in the law. It should be remembered that appeal cannot be made against every order. I Appeal can only be made in those cases which are allowed under the Ordinance.
The Federal Tax authority (FTA) operates using the Tax Procedures law that permits the FTA to assess payable taxes, tax audits, determine tax evasion and issue administrative penalties. These tax assessments as stated can result in a decision to make the taxpayer pay penalties pertaining to a particular transaction or tax period.
10. imposition of penalty ICAB, KL, Study Manual
10. imposition of penalty ICAB, KL, Study Manual
10. imposition of penalty ICAB, KL, Study Manual
10. imposition of penalty ICAB, KL, Study Manual
Adjudication and Appeals provisions under GST. Includes provisions as per Chapter XVIII of CGST Act, 2017 together with Chapter XIII of CGST Rules, 2017.
The Direct Tax Vivad se Vishwas Rules, 2020 ('the Rules') have been notified. The Rules inter alia laid down the procedure and the forms, which need to be filled in. Further, along with detailed instructions for taxpayers to file the declaration and the undertaking; e-filing utility has also been enabled.
A voluntary dispute resolution scheme called as Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 has been introduced by the Government for resolution of the Legacy disputes under Central Excise, Service Tax etc. (Incorporating clarification and procedure vide Circular 1071/4/2019-CX8. dated 27/08/2019)
OBJECTIVE
Customs duty is an indirect tax, which is a tax on the goods and not a tax on the person having or owning the goods.In this webinar, we shall know when an assessment can be made and when shall an appeal be made before a commissioner, High Court and Supreme Court.
Sometimes a taxpayer is not satisfied with the orders of any income tax I authority or even any income tax authority does not agree with the orders passed by any appellate authority. In such cases Income Tax Ordinance, 2001 gives the right of appeal to the aggrieved party. A detailed procedure is also given in the law. It should be remembered that appeal cannot be made against every order. I Appeal can only be made in those cases which are allowed under the Ordinance.
12. appeal and reference, ICAB, KL, Study Manual
12. appeal and reference, ICAB, KL, Study Manual
12. appeal and reference, ICAB, KL, Study Manual
12. appeal and reference, ICAB, KL, Study Manual
12. appeal and reference, ICAB, KL, Study Manual
This presentation explains that what are the types of appeals in courts, procedure of making appeals. Useful for Commerce, Business and Law students to understand the appeals procedure.
OBJECTIVE
The Direct Tax Vivad se Vishwas Bill, 2020 was introduced in the Parliament on 5th February, 2020 and subsequently amended. The webinar shall deal with the frequently asked questions relating to the scheme. It shall discuss the issues faced by the taxpayers in the dispute resolution scheme.
OBJECTIVE
Goods and Services Tax (GST) is an Indirect Tax levied in India introduced in July, 2017 which was one of the most important reforms in the Indian Economy. Timely refund mechanism is essential in tax administration, as it facilitates trade through the release of blocked funds for working capital, expansion and modernisation of existing business. In this webinar, we shall understand and analyse the provisions related to Refund under the GST law.
Vivaad Se vishwas scheme has been introduced by Government of India to provide one time opportunity for settlement of pending litigation by paying the basic tax amount and complete waiver of interest and penalty.
Income tax appeals and Revision by abhishek muraliAbhishek Murali
Art of Preparation and Presentation of Income Tax Appeals by CA Abhishek Murali, Direct Tax Committee Chairman of Southern India of the ICAI. Presented with Hon'ble Pr.CCIT of Tamil Nadu and Puducherry, Mr.Sushil Khumar, IRS.
Comprehensive preparation and process of Appeals
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordinary And Special Businesses And Ordinary And Special Resolutions with Companies (Postal Ballot) Regulations, 2018
Lifting the Corporate Veil. Power Point Presentationseri bangash
"Lifting the Corporate Veil" is a legal concept that refers to the judicial act of disregarding the separate legal personality of a corporation or limited liability company (LLC). Normally, a corporation is considered a legal entity separate from its shareholders or members, meaning that the personal assets of shareholders or members are protected from the liabilities of the corporation. However, there are certain situations where courts may decide to "pierce" or "lift" the corporate veil, holding shareholders or members personally liable for the debts or actions of the corporation.
Here are some common scenarios in which courts might lift the corporate veil:
Fraud or Illegality: If shareholders or members use the corporate structure to perpetrate fraud, evade legal obligations, or engage in illegal activities, courts may disregard the corporate entity and hold those individuals personally liable.
Undercapitalization: If a corporation is formed with insufficient capital to conduct its intended business and meet its foreseeable liabilities, and this lack of capitalization results in harm to creditors or other parties, courts may lift the corporate veil to hold shareholders or members liable.
Failure to Observe Corporate Formalities: Corporations and LLCs are required to observe certain formalities, such as holding regular meetings, maintaining separate financial records, and avoiding commingling of personal and corporate assets. If these formalities are not observed and the corporate structure is used as a mere façade, courts may disregard the corporate entity.
Alter Ego: If there is such a unity of interest and ownership between the corporation and its shareholders or members that the separate personalities of the corporation and the individuals no longer exist, courts may treat the corporation as the alter ego of its owners and hold them personally liable.
Group Enterprises: In some cases, where multiple corporations are closely related or form part of a single economic unit, courts may pierce the corporate veil to achieve equity, particularly if one corporation's actions harm creditors or other stakeholders and the corporate structure is being used to shield culpable parties from liability.
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence LawyersHarpreetSaini48
Discover how Mississauga criminal defence lawyers defend clients facing weapon offence charges with expert legal guidance and courtroom representation.
To know more visit: https://www.saini-law.com/
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
1. IN THE NAME OF ALLAH ,
THE MOST BENEFICIENT,
THE MOST MERCIFUL
2. Presented To:
Prof.Mirza Ijaz Ahmad
Presented by:
Names Registration No
Mian Muhammad Shoaib S1F15MCOM0006
Cell No 0307-4921498
3. Definitions
Complaints to superior court for injustice
done by inferior court
Apply to higher court for revision of lower
courts decision
APPEALS
4. Appealable Orders/Decisions
Assessment of a person who has not furnished return.
An amendment in assessment by the commissioner.
Assessment of non-resident currying on shipping
business.
5. Appealable Orders/Decisions
Assessment of non-resident carrying transport
business
Order to pay Penalty, Additional tax/ Default
surcharge
Determination of amount refund or adjustment of
excess tax.
6. To produce books of Accounts
To produce Wealth Statement
To obtain Information or Evidence etc.
Exceptions(Not Appealable Orders)
7. Appeal to Supreme Court
Appeal to High Court
Appeal to Appellate Tribunal
Appeal to Commissioner
8. Appeal To Commissioner
Against the order of Officer of Inland Revenue.
Only taxpayer can file appeal against appealable order
Right of Appeal
Only taxpayer has right to Appeal
Time for filling an Appeal
within 30 days
Delay in filling the Appeal
May appeal admit after 30 days if there is solid reason of
delay
9. Appeal To Commissioner
Documents to be Submitted
Prescribed form of Appeal
Reason of Appeal
An order of copy
Power of attorney in favour of authorized representatives
Challan for Appeal fee
10. Appeal To Commissioner
Application Fee
a) In case of appeal against an assessment Rs. 1000
b) In any other case
i. Rs.1000 for Company
ii. Rs.200 for Other person
Payment of Tax
Taxpayer paid the amount of tax than can file the appeal
against order of assessment
11. Appeal To Commissioner
Hearing of Appeal
Appellant (Taxpayer)
The Commissioner
Decision of Appeal
1) In case of order of assessment, he may
Conform the assessment
Reduction the assessment
Increase the assessment
Cancel the assessment
12. Appeal To Commissioner
2) In case of Penalty, he may
Conform the penalty
Cancel the penalty
Increase the penalty
Decrease the penalty
3) In case of Refund of Tax, he may
Increase the refund amount of tax
Decrease the refund amount of tax
4) In any Other case makes such orders as he thinks fit.
13. Appeal To Commissioner
Time For Decision Of Appeal
Within 120 days from filing Appeal
Extended by 60 days for reason to be recorded in Writing
Communication of Order
The commissioner , as soon as practicable, after deciding
an appeal Shall communicate to order to:
a. The appellant(taxpayer)
b. The Commissioner
14. Appeal to Appellate Tribunal
Against the decision of commissioner
Appeal is made against the decision of the Commissioner
Second Court of Appeal
Consider as highest judicial authority in matters of Tax
Right to Appeal
Taxpayer
Tax Department
Time for filling an Appeal
Within 60 days
15. Appeal to Appellate Tribunal
Delay in filling an Appeal
After 60 days if there is solid/ genuine reason of delay
Documents to be Submitted
Prescribed form of Appeal
Reason of Appeal
An order of copy
Power of attorney in favour of authorized representatives
Challan for Appeal fee
16. Appeal to Appellate Tribunal
Application Fee
The prescribed fee shall be Rs.2000 in all case
No fee for Department
No fee shall be payable if appeal is filed by income Tax
department
Payment of tax
A taxpayer is entitle to file an appeal to appellate tribunal
if he has paid the tax according to decision of
commissioner (appeal)
17. Appeal to Appellate Tribunal
Hearing the Appeal
Taxpayer
Tax department
Number of members
If amount of tax Rs. 5000,000 than appeal may be
heard by single member and in other case by
more members.
18. Appeal to Appellate Tribunal
Decision of Appeal
1) In case of assessment order, it may
Confirm
Change
Cancel
2) It may return back the case to commissioner
for making such enquiry or taking such action as the Appellate
tribunal direct
3) The appellate Tribunal not increase the amount of any assessment
or penalty or decrease amount of any refund unless taxpayer has
been given solid reason.
19. Appeal to Appellate Tribunal
4)Where the appeal relate to decision other than in
respect of assessment, appellate tribunal may make an
order to confirm, change, cancel decision.
Time for Decision of Appeal
Within 6 month of its filing
20. Appeal to Appellate Tribunal
Reference to High Court
The order/decision of appellate tribunal on point of
fact is final
The order/decision of appellate tribunal on point of
Law is no final
It can refer the case to high court
Communication of Order
Communicate its order to taxpayer and commissioner as
soon as possible.
21. Reference to High Court
Against the Order of Appellate Tribunal
The order of appellate tribunal on point of law may be
refer to high court
Right to Appeal
Taxpayer
Tax department(commissioner)
Time for giving Appeal
within 90 days of communication of decision of appellate
tribunal
22. Reference to High Court
Documents to be Submitted
Application in prescribed form
Statement of the case stating any question of Law
Challan for application fee
Application Fee
The application fee by a person other than commission
shall be Rs.100
23. Reference to High Court
Hearing of Application
Heard by a bench not less than two judges of high court ,if the
bench is satisfied it may proceed to heard appeal
Payment of Tax
if application given by a taxpayer, he required to pay amount
of tax
However the high court may give stay of tax demand for the period
of 6 month
24. Appeal to Supreme Court
Income tax ordinance 2001 does not provide any provision
regarding an appeal to supreme court against order of high court.
However, an appeal to the supreme court can be filed only Article
185(3) of Constitution if supreme court grants to leave to appeal.
25. Appeal to Supreme Court
The decision of supreme court shall be final
The decision of supreme court shall be communicated to
Appellate Tribunal for its implementation
The cost of appeal shall be borne the parties as
decided by supreme court.