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...
The High Court quashed prosecution against petitioners-accused u/s Central Excise Act 1944 and IPC. No Dues-Discharge Certificate issued, Sabka Vishwas Scheme applied. Prosecution continued despite remittance of liability and withdrawal application. Liability liquidated under the Scheme. Prosecution burdened court docket, caused unwarranted suffering. Complaint quashed, petitioners acquitted. Case disposed of.
The High Court quashed prosecution against petitioners-accused u/s Central Excise Act 1944 and IPC. No Dues-Discharge Certificate issued, Sabka Vishwas Scheme applied. Prosecution continued despite remittance of liability and withdrawal application. Liability liquidated under the Scheme. Prosecution burdened court docket, caused unwarranted suffering. Complaint quashed, petitioners acquitted. Case disposed of.
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