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...
CESTAT partially allowed the customs broker's appeal against license revocation, security deposit forfeiture, and penalty imposition. The tribunal found that while the broker failed to discharge obligations under Regulation 10(d), (e) & (n) of CBLR 2018 and attempted to aid an importer in bypassing policy restrictions, the revenue failed to prove violations warranting license cancellation. Though the broker acted in good faith, certain unexplained grey areas demonstrated insufficient diligence in client obligations and justifying the "H" card authorization. CESTAT modified the impugned order by setting aside license revocation and security deposit forfeiture while reducing the penalty to Rs.5,000 as deterrent measure. Appeal disposed.
CESTAT partially allowed the customs broker's appeal against license revocation, security deposit forfeiture, and penalty imposition. The tribunal found that while the broker failed to discharge obligations under Regulation 10(d), (e) & (n) of CBLR 2018 and attempted to aid an importer in bypassing policy restrictions, the revenue failed to prove violations warranting license cancellation. Though the broker acted in good faith, certain unexplained grey areas demonstrated insufficient diligence in client obligations and justifying the "H" card authorization. CESTAT modified the impugned order by setting aside license revocation and security deposit forfeiture while reducing the penalty to Rs.5,000 as deterrent measure. Appeal disposed.
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