Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Customs broker's license revocation and penalty set aside. CESTAT held time limit for issuing show cause notice under CBLR as mandatory, breached here. Charges under regulations 10(d) and 10(e) of CBLR not substantiated with evidence against customs broker's due diligence and proper advice to client. Impugned order unsustainable due to delay in issuing notice and lack of grounds. Appeal allowed.
Customs broker's license revocation and penalty set aside. CESTAT held time limit for issuing show cause notice under CBLR as mandatory, breached here. Charges under regulations 10(d) and 10(e) of CBLR not substantiated with evidence against customs broker's due diligence and proper advice to client. Impugned order unsustainable due to delay in issuing notice and lack of grounds. Appeal allowed.
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