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 the seizure of 37-38 jewellery consignments (approx. Rs.5.87 crore) during the Model Code period unlawful: the SST and District Grievance Committee violated the ECI SOP by retaining valuables beyond permissible time without recording requisite satisfaction and improperly handing them to the ITD. Proceedings under s.132B were not complied with and statutory retention exceeded 120 days. The HC quashed all s.148 proceedings against the petitioner-employee who was merely the transporter and directed that the DCIT (Central-2) (Centralized) release the consignments to the claimant-jewellers. The ITD remains at liberty to initiate proceedings against the 37 consignors/jewellers. Costs of Rs.50,000 awarded to petitioners, respondents jointly and severally liable.
The HC held the seizure of 37-38 jewellery consignments (approx. Rs.5.87 crore) during the Model Code period unlawful: the SST and District Grievance Committee violated the ECI SOP by retaining valuables beyond permissible time without recording requisite satisfaction and improperly handing them to the ITD. Proceedings under s.132B were not complied with and statutory retention exceeded 120 days. The HC quashed all s.148 proceedings against the petitioner-employee who was merely the transporter and directed that the DCIT (Central-2) (Centralized) release the consignments to the claimant-jewellers. The ITD remains at liberty to initiate proceedings against the 37 consignors/jewellers. Costs of Rs.50,000 awarded to petitioners, respondents jointly and severally liable.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
