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...
Carry forward of excess payment of tax as ITC for next year - Allegation of availment of excess input tax credit - . The appellant argued that the net tax payable for the previous year was in minus, indicating an excess tax payment that should be returned back and carried forward as Input Tax Credit for the next year. The High Court agreed with the appellant's argument and set aside the order passed by the Writ Court. The matter was remitted back to the revenue for reconsideration, with instructions to provide the appellant with an opportunity to present her case.
Carry forward of excess payment of tax as ITC for next year - Allegation of availment of excess input tax credit - . The appellant argued that the net tax payable for the previous year was in minus, indicating an excess tax payment that should be returned back and carried forward as Input Tax Credit for the next year. The High Court agreed with the appellant's argument and set aside the order passed by the Writ Court. The matter was remitted back to the revenue for reconsideration, with instructions to provide the appellant with an opportunity to present her case.
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