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...
Reversal of CENVAT Credit - inputs consumed/utilized for production, at the work-in-progress stage, were destroyed in fire in the factory - The Tribunal examined the legal provisions and found that destroyed WIP or semi-finished goods should not be considered as inputs subject to duty reversal. Therefore, they allowed the appeal and ruled in favor of the appellant, clarifying that no duty reversal was required on the destroyed inputs forming part of WIP/semi-finished goods.
Reversal of CENVAT Credit - inputs consumed/utilized for production, at the work-in-progress stage, were destroyed in fire in the factory - The Tribunal examined the legal provisions and found that destroyed WIP or semi-finished goods should not be considered as inputs subject to duty reversal. Therefore, they allowed the appeal and ruled in favor of the appellant, clarifying that no duty reversal was required on the destroyed inputs forming part of WIP/semi-finished goods.
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