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GST defaulter: Bank a/cs of family members cannot be attached, says Court March 16, 2021 Bombay HC rules it is a serious invasion into the private domain of the taxpayer Bank accounts of family members of a GST assessee in default should not be attached, the Bombay High Court has ruled. Dharmesh Gandhi had approached the High Court after nine bank accounts of his and his family members were provisionally attached by the GST Department. The court noted that only three accounts belonged to Gandhi, while the rest were of his family members’. The Division Bench quoted some portions of a ruling in a similar matter in Siddhart Mandavia Vs Union of India (November, 2020) by the same court. According to the ruling, “It goes without saying that pre-assessment attachment of property, including bank account, even if provisional, is a drastic measure. Its sole purpose is to protect the interest of government revenue. It cannot be used as a punitive measure. It is a ....
Proposal for the budget of next year. what s interesting is this is unlike the barak obama we ve heard from in the past. he s actually talking about cutting social security and medicare big time. but you know what? he s also talking about more taxes. fewer tax hikes, but he is still in this new budget proposal calling for $580 billion in more tax if they did change the cost of living calculation for s the so-called cbit could generate $200 billion. unfortunately, it s going to generate a lot of heat from democrats. brian: chain cbi will send guys like independent sanders, bernie sanders over the top. it will send nancy pelosi into the moon. but that s something that republicans say you talked about doing it. when it comes to action, you don t do it. that would be significant. also, he s also talk being a 28% cap on all entitlements which ....