Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
Regulation 16(1) permits exceptional preventive suspension of a Customs Broker licence only where available material demonstrates a genuine need for urgent action; pending enquiry or serious allegations alone are insufficient. "Immediate" requires reasonable promptness, assessed from the investigation, offence report and licensing authority's response. Circular No. 9/2010-Customs remained binding and permitted only reasonably explained departure from prescribed timelines. Substantial unexplained delay meant the immediate-action requirement was unmet, so the High Court set aside suspension and continuation orders while preserving proceedings on the underlying allegations.
Regulation 16(1) permits exceptional preventive suspension of a Customs Broker licence only where available material demonstrates a genuine need for urgent action; pending enquiry or serious allegations alone are insufficient. "Immediate" requires reasonable promptness, assessed from the investigation, offence report and licensing authority's response. Circular No. 9/2010-Customs remained binding and permitted only reasonably explained departure from prescribed timelines. Substantial unexplained delay meant the immediate-action requirement was unmet, so the High Court set aside suspension and continuation orders while preserving proceedings on the underlying allegations.
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