Related-party advances by charitable trusts cannot justify exemption denial without evidence of private benefit or non-arm's-length dealing.

Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...

Tax audit penalty cannot apply when turnover is estimated from bank deposits without existing books of account.

Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...

Unexplained cash deposits require full review of debtor-recovery evidence; penalty initiation remains separate from quantum assessment proceedings.

Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...

Unauthorised broker credentials in prohibited-goods clearance justify licence revocation where core due-diligence and importer-authorisation duties ar...

Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...

Declared FOB value and drawback survived where matching export remittances existed and no independent overvaluation enquiry supported the demand.

Supplementary show cause notices cannot add fresh customs grounds without limitation compliance and a meaningful opportunity to respond.

Conditional votes in revival schemes require scrutiny before statutory majority assent can support court sanction and stakeholder rights.

Statutory associate-company test defeated consolidation and related-party disclosure allegations, while delayed securities enforcement also failed.

Corporate guarantees without consideration do not attract service tax merely through imputed bank-guarantee charges.

Intermediary service requires a three-party facilitation role; direct consultancy to a foreign client remains a two-party service.

Outdoor catering exemption covers composite meal arrangements, while service tax demands require separate valuation of sale and service components.

Job-work vehicle valuation includes the Rule 8 chassis margin, but departmental knowledge defeats extended limitation for alleged suppression.

Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...

Vicarious liability for company cheque dishonour requires specific allegations and cannot arise solely from former directorship.

Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...

Communication of arrest authorisation safeguards access to anticipatory bail, while post-dismissal interim arrest protection cannot continue.