Whether issuance of corporate guarantee to a group company without consideration would fall within banking and other financial services and is therefore not taxable service? – Commissioner of CGST and Central Excise Vs. M/s Edelweiss Financial Services Ltd. – Supreme Court

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An acknowledgement in a balance sheet without a qualification can furnish a legitimate basis for determining as to whether the period of limitation would stand extended, so long as the acknowledgement was within a period of three years from the original date of default – State Bank of India Vs. Krishidhan Seeds Pvt. Ltd. – Supreme Court

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