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 of Export of Iron Ore fines - The Appellate Tribunal held that the transaction value was not rejected or doubted, as evident from previous orders. Resorting to contemporaneous prices without considering quantity and providing adequate evidence was deemed inappropriate. The reliance on such data was found to be in contradiction with established legal precedents, leading to the setting aside of the impugned order. The Tribunal remanded the matter to the Original Adjudicating Authority, directing a reevaluation in accordance with law and relevant legal rulings.
Valuation of Export of Iron Ore fines - The Appellate Tribunal held that the transaction value was not rejected or doubted, as evident from previous orders. Resorting to contemporaneous prices without considering quantity and providing adequate evidence was deemed inappropriate. The reliance on such data was found to be in contradiction with established legal precedents, leading to the setting aside of the impugned order. The Tribunal remanded the matter to the Original Adjudicating Authority, directing a reevaluation in accordance with law and relevant legal rulings.
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