Multiple representations have been made to the Finance Minister by different professional associations requesting to extend the due date. However, no extension announcement was made by the ministry.

The tribunal held that individual houses constructed for Tsunami-affected homeless persons do not qualify as taxable residential complex construction service.

The Court observed that though the exact status, assets and liabilities of the 32 banking companies remain completely unknown, there is no legal embargo on the High Court from concluding the liquidation proceedings under the Banking Regulation Act, 1949, irrespective of recent amendments to the Companies Act, 2013.