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 case involved smuggling of gold bars of foreign origin, seized from two individuals boarding a train. The Directorate of Revenue Intelligence (DRI) intercepted them at a railway station and found gold bars concealed in their trolley bags. The individuals failed to produce any documents for the goods. The Adjudicating authority's decision to seize and confiscate the gold bars was upheld by the Appellate Tribunal (CESTAT). The Tribunal found no reason to interfere as the appellants did not provide specific evidence to challenge the decision. The appeal was dismissed.
The case involved smuggling of gold bars of foreign origin, seized from two individuals boarding a train. The Directorate of Revenue Intelligence (DRI) intercepted them at a railway station and found gold bars concealed in their trolley bags. The individuals failed to produce any documents for the goods. The Adjudicating authority's decision to seize and confiscate the gold bars was upheld by the Appellate Tribunal (CESTAT). The Tribunal found no reason to interfere as the appellants did not provide specific evidence to challenge the decision. The appeal was dismissed.
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