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 HC held that the Fe content in imported iron ore fines (IOF) must be determined based on wet metric tonnage (WMT) rather than dry metric tonnage (DMT), reaffirming the precedent set by a coordinate bench. The court emphasized the principle of judicial discipline requiring adherence to prior decisions of coordinate benches unless a larger bench is constituted. Consequently, the appellant's contention challenging the established method was rejected. The court found no substantial question of law under Section 130 of the Customs Act, 1962, arising from the appeals. Accordingly, the appeals were dismissed, upholding the revenue's position and maintaining uniformity in the legal interpretation concerning customs duty assessment on IOF consignments.
The HC held that the Fe content in imported iron ore fines (IOF) must be determined based on wet metric tonnage (WMT) rather than dry metric tonnage (DMT), reaffirming the precedent set by a coordinate bench. The court emphasized the principle of judicial discipline requiring adherence to prior decisions of coordinate benches unless a larger bench is constituted. Consequently, the appellant's contention challenging the established method was rejected. The court found no substantial question of law under Section 130 of the Customs Act, 1962, arising from the appeals. Accordingly, the appeals were dismissed, upholding the revenue's position and maintaining uniformity in the legal interpretation concerning customs duty assessment on IOF consignments.
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