Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
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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...
Section 276B criminalizes failure to deduct tax at source (TDS) as required under Chapter XVII-B or pay tax u/s 115-O or second proviso to Section 194B. The accused made various payments without deducting TDS. However, if no TDS was deductible, Section 276B is inapplicable. Since the accused paid the entire amount with penal interest, continuing prosecution is unnecessary. The High Court allowed the case, quashing further proceedings against the accused before the Magistrate's Court for economic offenses.
Section 276B criminalizes failure to deduct tax at source (TDS) as required under Chapter XVII-B or pay tax u/s 115-O or second proviso to Section 194B. The accused made various payments without deducting TDS. However, if no TDS was deductible, Section 276B is inapplicable. Since the accused paid the entire amount with penal interest, continuing prosecution is unnecessary. The High Court allowed the case, quashing further proceedings against the accused before the Magistrate's Court for economic offenses.
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