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...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
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The court interpreted provisions of the Maharashtra Municipal Corporation Act, 1949 and the Maharashtra Municipal Corporation (Local Body Tax) Rules, clarifying the scope of the phrase "disputed tax" in Section 406(8) of the Act. It held that the scheme of levy of Local Body Tax (LBT) distinguishes between tax, interest, and penalty. The Rules provide for liability to pay LBT, interest, and penalty separately. The legislature intended "disputed tax" to mean only the tax amount, not interest or penalty. The court distinguished a previous case on property tax penalties, as the present case related to LBT governed by different provisions. The impugned order was quashed, and the matter was remanded for fresh consideration by the appellate authority after giving a personal hearing to the petitioner.
The court interpreted provisions of the Maharashtra Municipal Corporation Act, 1949 and the Maharashtra Municipal Corporation (Local Body Tax) Rules, clarifying the scope of the phrase "disputed tax" in Section 406(8) of the Act. It held that the scheme of levy of Local Body Tax (LBT) distinguishes between tax, interest, and penalty. The Rules provide for liability to pay LBT, interest, and penalty separately. The legislature intended "disputed tax" to mean only the tax amount, not interest or penalty. The court distinguished a previous case on property tax penalties, as the present case related to LBT governed by different provisions. The impugned order was quashed, and the matter was remanded for fresh consideration by the appellate authority after giving a personal hearing to the petitioner.
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