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...
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...
HC found adjustment of tax refund against outstanding demand invalid due to procedural violations of natural justice under Section 245 of IT Act. Despite taxpayer submitting objections on December 5-7, 2023, revenue authorities proceeded with adjustment on March 16, 2024, without granting hearing or issuing formal order addressing objections. Court quashed the adjustment noting gross violation of principles of natural justice and fair play, directing authorities to deposit Rs. 4,91,45,369/- within two weeks. Decision emphasizes mandatory requirement of proper hearing and reasoned order before exercising adjustment powers under Section 245.
HC found adjustment of tax refund against outstanding demand invalid due to procedural violations of natural justice under Section 245 of IT Act. Despite taxpayer submitting objections on December 5-7, 2023, revenue authorities proceeded with adjustment on March 16, 2024, without granting hearing or issuing formal order addressing objections. Court quashed the adjustment noting gross violation of principles of natural justice and fair play, directing authorities to deposit Rs. 4,91,45,369/- within two weeks. Decision emphasizes mandatory requirement of proper hearing and reasoned order before exercising adjustment powers under Section 245.
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