With India getting into a new tax regime mode, it is time to take a look again at the tax dispute adjudicating system and the philosophy underlying the new policy. RAJSHRI RAI, editor-in- chief, APN channel, spoke to GS PANNU, president, Income Tax Appellate Tribunal, on issues related to direct taxes. The interview featured in the ILRF Symposium series hosted under the aegis of India Legal
Himachal Pradesh High Court while hearing an Income Tax Appeal filed by Pr. Commissioner Of Income Tax held that the cash sales accepted by the VAT department are not sufficient to hold that the cash sales were genuine.