Transfer-pricing comparability permits fresh objections and filters where software service comparables are functionally unsuitable for arm's-length pr...
Territorial rendering requirement excludes China-based management and consultancy services from fees for technical services under the India-China DTAA...
FEMA borrowing restrictions bind charitable trusts, and civil penalties apply without proving intent for delayed repayment of non-resident rupee loans...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
