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![Bombay HC Denies SASF’s Prospective Tax Relief, Upholds Retrospective VAT Liability on Past Sales [Read Order] Bombay HC Denies SASF’s Prospective Tax Relief, Upholds Retrospective VAT Liability on Past Sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Tax-Relief-VAT-VAT-liability-taxscan.jpg)
Bombay HC Denies SASF’s Prospective Tax Relief, Upholds Retrospective VAT Liability on Past Sales [Read Order]
In a recent ruling, the Bombay High Court denied the Stressed Assets Stabilization Fund ( SASF ) the benefit of prospective tax relief, holding it...


![Balance sheets can amount to Acknowledgment of Debts under Section 18 of Limitation Act: Supreme Court sets aside NCLAT’s Ruling [Read Judgment] Balance sheets can amount to Acknowledgment of Debts under Section 18 of Limitation Act: Supreme Court sets aside NCLAT’s Ruling [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Balance-sheets-acknowledgment-of-debts-Section-18-of-Limitation-Act-Supreme-Court-NCLATs-Ruling-Taxscan.jpg)