Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Non-compliance with the remand order of the Tribunal in the earlier round of litigation - import of rough marble blocks - The Tribunal noted the appellant's submission regarding the communication of license applications to the authorities. It criticized the adjudicating authority for disregarding the altered factual situation highlighted in the remand order and for insisting on restoring the previously discarded order. The Tribunal deemed this defiance of appellate directions as invalidating the impugned order. - The Tribunal emphasized the authority of the DGFT in administering trade policy and issuing import licenses. It clarified that the date of issue of the license was not material to quantitative restrictions, and the relevance lay in its coverage of the impugned goods. The Tribunal set aside the impugned order and allowed the appeal.
Non-compliance with the remand order of the Tribunal in the earlier round of litigation - import of rough marble blocks - The Tribunal noted the appellant's submission regarding the communication of license applications to the authorities. It criticized the adjudicating authority for disregarding the altered factual situation highlighted in the remand order and for insisting on restoring the previously discarded order. The Tribunal deemed this defiance of appellate directions as invalidating the impugned order. - The Tribunal emphasized the authority of the DGFT in administering trade policy and issuing import licenses. It clarified that the date of issue of the license was not material to quantitative restrictions, and the relevance lay in its coverage of the impugned goods. The Tribunal set aside the impugned order and allowed the appeal.
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