Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
The case involves a Customs Broker's license revocation for involvement in mis-declaration and fraudulent export of "Uric Acid." The Commissioner of Customs followed the prescribed timeline u/s Regulation 20 of CBLR, 2013 for issuing Show Cause Notice, conducting inquiry, and issuing the Order-in-Original. The revocation proceedings were found not time-barred. The Broker's license was misused for financial gain in fraudulent transactions, leading to fine and forfeiture of security deposit. The Tribunal modified the order, setting aside license revocation but upholding the penalty and forfeiture.
The case involves a Customs Broker's license revocation for involvement in mis-declaration and fraudulent export of "Uric Acid." The Commissioner of Customs followed the prescribed timeline u/s Regulation 20 of CBLR, 2013 for issuing Show Cause Notice, conducting inquiry, and issuing the Order-in-Original. The revocation proceedings were found not time-barred. The Broker's license was misused for financial gain in fraudulent transactions, leading to fine and forfeiture of security deposit. The Tribunal modified the order, setting aside license revocation but upholding the penalty and forfeiture.
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