Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Section 271C was noted as having been interpreted by the SC as inapplicable where tax deducted at source was deducted and remitted belatedly, supporting a prima facie challenge to penalty while leaving its final applicability for statutory appeals. The discussion states that circulars and office memoranda on stay of demand are guidelines, not statutory constraints on discretion under Section 220(6). Recovery of penalty was conditionally stayed pending appeal and for a further limited period, with expedited appellate disposal directed.
Section 271C was noted as having been interpreted by the SC as inapplicable where tax deducted at source was deducted and remitted belatedly, supporting a prima facie challenge to penalty while leaving its final applicability for statutory appeals. The discussion states that circulars and office memoranda on stay of demand are guidelines, not statutory constraints on discretion under Section 220(6). Recovery of penalty was conditionally stayed pending appeal and for a further limited period, with expedited appellate disposal directed.
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