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...
The AT partially set aside the Provisional Attachment Order related to money laundering allegations involving fraudulent loan obtainment. The tribunal recognized the secured creditors' rights, allowing auction proceedings for mortgaged properties while directing the excess amounts be deposited as Fixed Deposit Receipts with ED. The decision preserves the auction sale in favor of the purchaser and permits SBI to proceed with e-auction under Section 8(7) of PMLA, 2002, subject to judicial oversight by the Special Judge. The excess realized amounts shall be maintained for potential claims by unsecured creditors, with final disposition contingent upon trial conclusion.
The AT partially set aside the Provisional Attachment Order related to money laundering allegations involving fraudulent loan obtainment. The tribunal recognized the secured creditors' rights, allowing auction proceedings for mortgaged properties while directing the excess amounts be deposited as Fixed Deposit Receipts with ED. The decision preserves the auction sale in favor of the purchaser and permits SBI to proceed with e-auction under Section 8(7) of PMLA, 2002, subject to judicial oversight by the Special Judge. The excess realized amounts shall be maintained for potential claims by unsecured creditors, with final disposition contingent upon trial conclusion.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
