Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Valuation - inclusion of notional cost of drawings and designs supplied free of cost by Maruti to the vendors in the assessable value of parts or components manufactured by vendors - The Tribunal held that the notional cost of drawings and designs supplied free of cost by Maruti could not be included in the assessable value of parts and components manufactured by the vendors. It was observed that these specifications were provided at the 'Request for Quotation' stage for the purpose of short-listing the vendors and were not used in the actual production of the parts or components. The detailed drawings and designs prepared by the vendors, which were essential for the production, were based on their own development and technology support from other companies. - Tribunal allowed all the appeals filed by the vendors.
Valuation - inclusion of notional cost of drawings and designs supplied free of cost by Maruti to the vendors in the assessable value of parts or components manufactured by vendors - The Tribunal held that the notional cost of drawings and designs supplied free of cost by Maruti could not be included in the assessable value of parts and components manufactured by the vendors. It was observed that these specifications were provided at the 'Request for Quotation' stage for the purpose of short-listing the vendors and were not used in the actual production of the parts or components. The detailed drawings and designs prepared by the vendors, which were essential for the production, were based on their own development and technology support from other companies. - Tribunal allowed all the appeals filed by the vendors.
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