Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
CESTAT allowed the appeal, invalidating the licensing authority's order due to procedural irregularities. The tribunal found significant unexplained delays in inquiry proceedings against the customs broker, specifically noting nine months elapsed between the enquiry report and decision, breaching Customs Broker Licensing Regulations, 2018. No justification was provided for the delays, and no findings demonstrated the broker's responsibility for procedural prolongation. Consequently, the order revoking the broker's license and forfeiting the security deposit was set aside, with the proceedings deemed non-compliant with mandatory regulatory timelines.
CESTAT allowed the appeal, invalidating the licensing authority's order due to procedural irregularities. The tribunal found significant unexplained delays in inquiry proceedings against the customs broker, specifically noting nine months elapsed between the enquiry report and decision, breaching Customs Broker Licensing Regulations, 2018. No justification was provided for the delays, and no findings demonstrated the broker's responsibility for procedural prolongation. Consequently, the order revoking the broker's license and forfeiting the security deposit was set aside, with the proceedings deemed non-compliant with mandatory regulatory timelines.
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