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 held that the limitation period for issuing notice u/s 153C commences from the date of seizure of documents (30.06.2022), not the search date (10.11.2020). The petitioner, being a third party, can respond to the show cause notice dated 30.12.2024 and contest the proceedings in accordance with law. Despite prior settlement at IBS, the Department retains liberty to proceed if new material emerges. The court found no merit in the petitioner's limitation argument and dismissed the writ petitions, upholding the impugned notice and order.
HC held that the limitation period for issuing notice u/s 153C commences from the date of seizure of documents (30.06.2022), not the search date (10.11.2020). The petitioner, being a third party, can respond to the show cause notice dated 30.12.2024 and contest the proceedings in accordance with law. Despite prior settlement at IBS, the Department retains liberty to proceed if new material emerges. The court found no merit in the petitioner's limitation argument and dismissed the writ petitions, upholding the impugned notice and order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
