Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Natural justice required a reasoned assessment of cryptocurrency exchanges' role, control over transactions and assets, ownership of crypto assets in pool wallets, knowledge of allegedly tainted transactions, and the nexus between frozen assets and proceeds of crime. The Tribunal found that the Adjudicating Authority had not addressed the platforms' material submissions or recorded specific findings on these issues. As the factual and legal questions required examination on the available evidence, the Tribunal set aside the order permitting retention of seized devices and continuation of freezing of bank funds and crypto assets, remanding the matters for fresh adjudication by a speaking order without deciding the merits conclusively.
Natural justice required a reasoned assessment of cryptocurrency exchanges' role, control over transactions and assets, ownership of crypto assets in pool wallets, knowledge of allegedly tainted transactions, and the nexus between frozen assets and proceeds of crime. The Tribunal found that the Adjudicating Authority had not addressed the platforms' material submissions or recorded specific findings on these issues. As the factual and legal questions required examination on the available evidence, the Tribunal set aside the order permitting retention of seized devices and continuation of freezing of bank funds and crypto assets, remanding the matters for fresh adjudication by a speaking order without deciding the merits conclusively.
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