Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
A pre-existing dispute under the Insolvency and Bankruptcy Code was not established because the alleged quality objections arose only after service of the demand notice. The laboratory reports did not match the invoice particulars, and no contemporaneous written material showed earlier rejection of liability or complaints about defective consignments. The operational creditor's invoices, ledger and computation sheet established outstanding operational debt, while part-payments after notice and later stock-damage claims were treated as inconsistent with a genuine earlier dispute. Admission of the Section 9 application was therefore upheld.
A pre-existing dispute under the Insolvency and Bankruptcy Code was not established because the alleged quality objections arose only after service of the demand notice. The laboratory reports did not match the invoice particulars, and no contemporaneous written material showed earlier rejection of liability or complaints about defective consignments. The operational creditor's invoices, ledger and computation sheet established outstanding operational debt, while part-payments after notice and later stock-damage claims were treated as inconsistent with a genuine earlier dispute. Admission of the Section 9 application was therefore upheld.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
