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 allowed the writ appeal, reversed the writ court's order and held the SVLDRS declaration and resultant discharge certificate void ab initio due to material misrepresentation: the declarant knowingly misclassified the matter as "voluntary disclosure" despite ongoing investigations, thus suppressing a material fact under the Scheme. The Court found investigation activity and statements recorded both before and after the declaration, reaffirmed Circular guidance requiring veracity, and determined departmental lapses in coordination did not cure non-disclosure. Consequentially the application under the Scheme is presumed never filed and the Designated Committee's issuance of Form SVLDRS-3 and the discharge certificate are set aside.
The HC allowed the writ appeal, reversed the writ court's order and held the SVLDRS declaration and resultant discharge certificate void ab initio due to material misrepresentation: the declarant knowingly misclassified the matter as "voluntary disclosure" despite ongoing investigations, thus suppressing a material fact under the Scheme. The Court found investigation activity and statements recorded both before and after the declaration, reaffirmed Circular guidance requiring veracity, and determined departmental lapses in coordination did not cure non-disclosure. Consequentially the application under the Scheme is presumed never filed and the Designated Committee's issuance of Form SVLDRS-3 and the discharge certificate are set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
