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...
The case before Karnataka High Court involved the constitutional validity of Section 2A (8-a) of Karnataka Tax on Entry of Goods Act, 1979. The issue was the inclusion of "prevailing market price" in the definition of "value of goods" and if reassessment notices after a significant time lapse are valid u/s 6(2) of KTEG Act. The Court held that the charging provision u/s 3(1) is fundamental for levying entry tax, and any conflict with the definition clause must be resolved in favor of the charging provision. Reassessment based on a mere change of opinion is not valid u/s 6(2). The Court allowed the writ petition, stating that the petitioner need not seek an alternate remedy due to the significant legal and constitutional implications involved. The assessment orders and reassessment notices were found to lack jurisdiction and were quashed.
The case before Karnataka High Court involved the constitutional validity of Section 2A (8-a) of Karnataka Tax on Entry of Goods Act, 1979. The issue was the inclusion of "prevailing market price" in the definition of "value of goods" and if reassessment notices after a significant time lapse are valid u/s 6(2) of KTEG Act. The Court held that the charging provision u/s 3(1) is fundamental for levying entry tax, and any conflict with the definition clause must be resolved in favor of the charging provision. Reassessment based on a mere change of opinion is not valid u/s 6(2). The Court allowed the writ petition, stating that the petitioner need not seek an alternate remedy due to the significant legal and constitutional implications involved. The assessment orders and reassessment notices were found to lack jurisdiction and were quashed.
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