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...
Sale of mortgaged (scheduled) properties which was to be conducted by the Authorized Officer (Respondent No.2) of the Respondent-Bank - default in repayment of loan by the Borrower - The Supreme Court considered the conduct of the borrower and noted that the confirmed auction sale could only be interfered with in cases of fraud or collusion, which were not present in this case. It observed that the borrower's right of redemption stood extinguished upon execution of the registered sale deed. Therefore, the Court found no justification for the High Court's interference with the confirmed sale, which had reached an irreversible stage.
Sale of mortgaged (scheduled) properties which was to be conducted by the Authorized Officer (Respondent No.2) of the Respondent-Bank - default in repayment of loan by the Borrower - The Supreme Court considered the conduct of the borrower and noted that the confirmed auction sale could only be interfered with in cases of fraud or collusion, which were not present in this case. It observed that the borrower's right of redemption stood extinguished upon execution of the registered sale deed. Therefore, the Court found no justification for the High Court's interference with the confirmed sale, which had reached an irreversible stage.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
