Loading...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws---- ❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    April 17, 2026   Case Laws Income Tax
    Business expenditure and TDS disallowance principles applied to reimbursements, retainership fees, exempt income, and short deduction issues.
    April 17, 2026   Case Laws Income Tax
    Rectification order challenge not maintainable where grievance concerns the original addition, not the computation correction.
    April 17, 2026   Case Laws Income Tax
    Reassessment notice invalid for short response time, limitation breach, and unsustainable addition on joint property ownership.
    April 17, 2026   Case Laws Income Tax
    Duty drawback taxable on actual receipt; unconfronted portal data could not support addition or consequential penalty.
    April 17, 2026   Case Laws Income Tax
    Penalty under section 271(1)(c) deleted where disputed claim was fully disclosed and only head of income was contested.
    April 17, 2026   Case Laws Income Tax
    Transfer pricing adjustment confined to international transactions; capacity, working capital and forex treatment directions sustained.
    April 17, 2026   Case Laws Income Tax
    Turnover under section 44AD prevents duplication of interest income addition where receipts were already disclosed.
    April 17, 2026   Case Laws Income Tax
    Functional comparability under TNMM: broadcasters excluded, software distributors included, and no separate interest on receivables after working capi...
    April 17, 2026   Case Laws Income Tax
    Third-party search material requires section 153C, and retracted survey statements need corroboration for additions.
    April 17, 2026   Case Laws Income Tax
    Taxability of land-sale advances and reopening upheld where ownership rights failed and recording error was immaterial
    April 17, 2026   Case Laws Customs
    Reasonable belief of smuggling and retracted statements must be properly proved before gold confiscation and penalties can stand.
    April 17, 2026   Case Laws Customs
    Customs broker penalty rejected where employees acted without knowledge, authorisation, or broker involvement in filing Bills of Entry.
    April 17, 2026   Case Laws Companies Law
    Continuing oppression and mismanagement, delay, fraud evidence, and additional evidence rules upheld in company appeal.
    April 17, 2026   Case Laws Companies Law
    Interim status quo in oppression and mismanagement proceedings upheld to preserve the subject matter pending NCLT decision.
    April 17, 2026   Case Laws Money Laundering
    Provisional attachment of fixed deposits sustained on nexus with accused company and proceeds of crime value, despite no direct fund transfer proof.
    April 17, 2026   Case Laws Money Laundering
    PMLA attachment and secured creditor rights can coexist; prior mortgage does not defeat attachment, but bona fide security survives.
    April 17, 2026   Case Laws Indian Laws
    Banking deficiency in cheque presentment upheld; consumer compensation reduced for uncertain loss from stale cheques.
    April 16, 2026   Circulars Customs
    Procedures for returned export containers from foreign ports clarified, with seal verification, SAM filing, and re-import checks on tampering.
    April 16, 2026   Circulars DGFT
    ECGC Whole Turnover Policy eligibility clarified for RELIEF support under EPM, including first-time policies from 16 March 2026.
    April 16, 2026   Case Laws GST
    GST notice visibility after portal upgrade upheld; writ not entertained, but conditional reconsideration allowed on deposit and reply.
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
April 17, 2026   Case Laws Income Tax
Business expenditure and TDS disallowance principles applied to reimbursements, retainership fees, exempt income, and short deduction issues.
April 17, 2026   Case Laws Income Tax
Rectification order challenge not maintainable where grievance concerns the original addition, not the computation correction.
April 17, 2026   Case Laws Income Tax
Reassessment notice invalid for short response time, limitation breach, and unsustainable addition on joint property ownership.
April 17, 2026   Case Laws Income Tax
Duty drawback taxable on actual receipt; unconfronted portal data could not support addition or consequential penalty.
April 17, 2026   Case Laws Income Tax
Penalty under section 271(1)(c) deleted where disputed claim was fully disclosed and only head of income was contested.
April 17, 2026   Case Laws Income Tax
Transfer pricing adjustment confined to international transactions; capacity, working capital and forex treatment directions sustained.
April 17, 2026   Case Laws Income Tax
Turnover under section 44AD prevents duplication of interest income addition where receipts were already disclosed.
April 17, 2026   Case Laws Income Tax
Functional comparability under TNMM: broadcasters excluded, software distributors included, and no separate interest on receivables after working capital adjustment.
April 17, 2026   Case Laws Income Tax
Third-party search material requires section 153C, and retracted survey statements need corroboration for additions.
April 17, 2026   Case Laws Income Tax
Taxability of land-sale advances and reopening upheld where ownership rights failed and recording error was immaterial
April 17, 2026   Case Laws Customs
Reasonable belief of smuggling and retracted statements must be properly proved before gold confiscation and penalties can stand.
April 17, 2026   Case Laws Customs
Customs broker penalty rejected where employees acted without knowledge, authorisation, or broker involvement in filing Bills of Entry.
April 17, 2026   Case Laws Companies Law
Continuing oppression and mismanagement, delay, fraud evidence, and additional evidence rules upheld in company appeal.
April 17, 2026   Case Laws Companies Law
Interim status quo in oppression and mismanagement proceedings upheld to preserve the subject matter pending NCLT decision.
April 17, 2026   Case Laws Money Laundering
Provisional attachment of fixed deposits sustained on nexus with accused company and proceeds of crime value, despite no direct fund transfer proof.
April 17, 2026   Case Laws Money Laundering
PMLA attachment and secured creditor rights can coexist; prior mortgage does not defeat attachment, but bona fide security survives.
April 17, 2026   Case Laws Indian Laws
Banking deficiency in cheque presentment upheld; consumer compensation reduced for uncertain loss from stale cheques.
April 16, 2026   Circulars Customs
Procedures for returned export containers from foreign ports clarified, with seal verification, SAM filing, and re-import checks on tampering.
April 16, 2026   Circulars DGFT
ECGC Whole Turnover Policy eligibility clarified for RELIEF support under EPM, including first-time policies from 16 March 2026.
April 16, 2026   Case Laws GST
GST notice visibility after portal upgrade upheld; writ not entertained, but conditional reconsideration allowed on deposit and reply.

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Home › Highlights › FEMA › 2024 › June, 2024 › This
Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters
FEMA

The case involves contravention of FERA provisions u/s 8(1), 48,...

Appellate Tribunal found company guilty of violating FERA by diverting cargo to Dubai instead of Russia. Directors held liable.

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

FEMA June 14, 2024 Case Laws AT
The case involves contravention of FERA provisions u/s 8(1), 48, and 49 r.w.s. 72(c) due to delivering cargo to Dubai instead of Russia, causing foreign exchange loss. Authenticity of incriminating letters confirmed. Suspected collusion between exporter, shipping company, and non-existent Russian buyers. Lack of legal action against shipping company raises suspicion. Appellant's diversion to Dubai contradicted export requirements. Failure to provide export documents strengthens case against appellant. Directors held liable u/s 68 FERA. Penalty upheld for company and director due to culpability in export irregularities.
View Source View

Topics

Acts Income Tax
Next ➔