Compulsorily convertible debentures remain debt before conversion, preventing transfer-pricing and interest-deduction disallowances on the stated fact...
Stock-in-trade transfer taxability follows possession and consideration, not later conveyance registration, limiting deemed-value provisions to the ac...
Alternative statutory remedy under GST bars writ challenge where classification, notice variance, and hearing disputes require factual appellate revie...
Imposition of redemption fine - import of Limestone Blocks - imported goods not covered by the license - confiscation of goods - The Tribunal observed the circumstances, including the timing of the shipments and the Appellant's voluntary disclosure of the license lapse. - Considering the Appellant's bonafide actions and the impact of heavy demurrage charges, the Tribunal decided to grant leniency in the quantum of redemption fine and penalty.
Imposition of redemption fine - import of Limestone Blocks - imported goods not covered by the license - confiscation of goods - The Tribunal observed the circumstances, including the timing of the shipments and the Appellant's voluntary disclosure of the license lapse. - Considering the Appellant's bonafide actions and the impact of heavy demurrage charges, the Tribunal decided to grant leniency in the quantum of redemption fine and penalty.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4888 
