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 quashed customs authorities' orders declining export drawback claims under Section 75 of Customs Act, 1962. Petitioner sought drawbacks for exports where realization of proceeds exceeded stipulated timeframe under Rule 16A. Customs rejected claims citing delayed realization without considering AD-I bank's regularization documents. Court held that AD Category-I banks possess authority to extend time limits for export proceeds realization, not exclusively RBI. Documentary evidence including bank's regularization certificate and export repatriation confirmation required proper examination to determine if receipts fell within extended period. Matter remanded to customs authorities for fresh consideration incorporating all relevant documents and specific reference to bank's extension powers under Rule 16A framework.
HC quashed customs authorities' orders declining export drawback claims under Section 75 of Customs Act, 1962. Petitioner sought drawbacks for exports where realization of proceeds exceeded stipulated timeframe under Rule 16A. Customs rejected claims citing delayed realization without considering AD-I bank's regularization documents. Court held that AD Category-I banks possess authority to extend time limits for export proceeds realization, not exclusively RBI. Documentary evidence including bank's regularization certificate and export repatriation confirmation required proper examination to determine if receipts fell within extended period. Matter remanded to customs authorities for fresh consideration incorporating all relevant documents and specific reference to bank's extension powers under Rule 16A framework.
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