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...
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The High Court allowed the petition and directed to hear the petitioner's appeal on merits without insisting on pre-deposit u/s 35F of the Central Excise Act, 1944. The court held that the petitioner had a strong prima facie case regarding incentive payments received in connection with the use of the Computer Reservation System, as the legal position on such incentives earned by IATA members stood settled. Considering the rarity and exceptional circumstances, the court waived the condition of pre-deposit for the demands raised concerning incentive income, subject to the petitioner discharging the service tax liability quantified in the Order-in-Original.
The High Court allowed the petition and directed to hear the petitioner's appeal on merits without insisting on pre-deposit u/s 35F of the Central Excise Act, 1944. The court held that the petitioner had a strong prima facie case regarding incentive payments received in connection with the use of the Computer Reservation System, as the legal position on such incentives earned by IATA members stood settled. Considering the rarity and exceptional circumstances, the court waived the condition of pre-deposit for the demands raised concerning incentive income, subject to the petitioner discharging the service tax liability quantified in the Order-in-Original.
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