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...
AT affirmed provisional attachment of properties mortgaged by appellant banks in money laundering case. The tribunal recognized potential collusion between bank officials and loan recipients during 2010-2017. Banks were permitted to file claims under PMLA sections 8(5) to 8(8), with liberty to seek property auction and proportionate distribution of outstanding liabilities. The Adjudicating Authority's reasonable belief based on recorded statements and documents substantiated the provisional attachment order. Excess auction proceeds will be deposited as FDR with ED pending trial outcome. Appeal was disposed of, maintaining the original attachment order.
AT affirmed provisional attachment of properties mortgaged by appellant banks in money laundering case. The tribunal recognized potential collusion between bank officials and loan recipients during 2010-2017. Banks were permitted to file claims under PMLA sections 8(5) to 8(8), with liberty to seek property auction and proportionate distribution of outstanding liabilities. The Adjudicating Authority's reasonable belief based on recorded statements and documents substantiated the provisional attachment order. Excess auction proceeds will be deposited as FDR with ED pending trial outcome. Appeal was disposed of, maintaining the original attachment order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
