Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
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...
Page of 4830
Press 'Enter' after typing page number.
141 to 160 of 96587 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The appellate tribunal allowed the appeal filed by M/s Duggal Forex Pvt Ltd, finding no contravention on their part as the foreign currency found in their premises was duly accounted for. The tribunal directed the release of the seized Indian and foreign currency from their premises. However, the appeal filed by Sumesh Duggal was dismissed as evidence showed he sold US dollars at a premium rate to officials of the Nigerian High Commission, which constituted a violation. Sumesh Duggal had already deposited the penalty of Rs. 5,00,000/- and was not liable to pay any additional amount.
The appellate tribunal allowed the appeal filed by M/s Duggal Forex Pvt Ltd, finding no contravention on their part as the foreign currency found in their premises was duly accounted for. The tribunal directed the release of the seized Indian and foreign currency from their premises. However, the appeal filed by Sumesh Duggal was dismissed as evidence showed he sold US dollars at a premium rate to officials of the Nigerian High Commission, which constituted a violation. Sumesh Duggal had already deposited the penalty of Rs. 5,00,000/- and was not liable to pay any additional amount.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
