Bad-debt deduction for share-broking client dues is available on account write-off without proving actual irrecoverability.

Show cause notice limits and unreliable statements resulted in penalties for alleged courier-based gold smuggling being set aside.

Customs confiscation requires specific notice, hearing and proof of import contravention before penalties or redemption fine may arise.

Prior approval for liquidator-initiated arbitration is mandatory, but post facto approval makes invocation effective from the approval date.

Reasoned fraud-classification orders must address defences; proceedings against an uninvolved former director could not be restarted.

Prolonged incarceration and delayed trial supported regular bail in money-laundering proceedings involving old alleged transactions.

Inherently perverse bail orders may be cancelled without post-release misconduct where mandatory money-laundering bail conditions were ignored.

Recovery from legal heirs fails where indirect-tax law provides no machinery to proceed against a deceased proprietor's estate.

Pre-trial detention in GST prosecutions requires demonstrated necessity; completed investigation and documentary evidence supported conditional bail.

Condonation of delay restored the statutory GST appellate remedy after limitation-based dismissal was quashed and remanded for merits review.

Service of GST cancellation notices requires portal upload plus a prescribed personal mode to ensure fair hearing.

GST record-maintenance penalties remain independently valid despite late fees for delayed return filing, sustaining penalties for missing prescribed r...

Reassessment notices issued to deceased assessees are void, and legal representative participation cannot cure the jurisdictional defect.

Change of opinion barred reassessment beyond four years where exempt-income expenditure had already undergone scrutiny.

Full and true disclosure bars reassessment beyond four years where reopening rests only on a changed view of disclosed facts.

IMFL exclusion in the pre-amendment TCS entry placed beer sales outside tax collection and consequential default liability.

Genuine political donations require more than banking records where surrounding evidence indicates an accommodation-entry arrangement.

Retrospective trust registration benefit can cover prior years when appeals remain pending and charitable objects remain unchanged.

Captive power transfer pricing and non-resident export commission rules support deletion of adjustments and withholding disallowance in discussed proc...

Genuine intra-family residential property purchases can qualify for section 54F deduction despite resulting tax benefits or later loss set-offs.