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 seizure of a 49 gms gold parcel dispatched for job work does not constitute incriminating material for reopening assessments for AYs 2012-13 to 2017-18. The Assessing Officer (AO) failed to record satisfaction that the seized material bore any nexus with the petitioner's income. Following precedents, the court set aside the impugned notices and order under Section 153C, thereby allowing the assessee's appeal and quashing proceedings initiated without valid justification.
HC held that the seizure of a 49 gms gold parcel dispatched for job work does not constitute incriminating material for reopening assessments for AYs 2012-13 to 2017-18. The Assessing Officer (AO) failed to record satisfaction that the seized material bore any nexus with the petitioner's income. Following precedents, the court set aside the impugned notices and order under Section 153C, thereby allowing the assessee's appeal and quashing proceedings initiated without valid justification.
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