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 involves final assessment of provisional assessments u/s Best Judgement method. Appellant used a formula approved by Department and submitted CA certificate for assessable value. Adjudicating authority verified documents but disregarded CA certificate without reason. Tribunal held CA certificate valid for final assessment. Extended limitation period not applicable as no suppression of facts. Show Cause Notice issued beyond normal period not sustainable. Impugned order set aside, appeal allowed.
The case involves final assessment of provisional assessments u/s Best Judgement method. Appellant used a formula approved by Department and submitted CA certificate for assessable value. Adjudicating authority verified documents but disregarded CA certificate without reason. Tribunal held CA certificate valid for final assessment. Extended limitation period not applicable as no suppression of facts. Show Cause Notice issued beyond normal period not sustainable. Impugned order set aside, appeal allowed.
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