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...
AT directed denial of waiver of the statutory pre-deposit: the appellant's application for waiver was dismissed and the appellant was ordered to deposit 25% of the penalty amount as the condition of pre-deposit. The AT relied on documentary disclosures recovered during search and statements under the relevant statute implicating the appellant in receipt of Rs. 12.90 crore and transfers amounting to Rs. 12.50 crore purportedly routed to secure foreign TTs, finding prima facie material suggestive of bogus exports and hawala-linked remittances. The appellant's unsubstantiated claim of financial hardship and asserted bona fide export sales was insufficient to dispel the pre-deposit requirement.
AT directed denial of waiver of the statutory pre-deposit: the appellant's application for waiver was dismissed and the appellant was ordered to deposit 25% of the penalty amount as the condition of pre-deposit. The AT relied on documentary disclosures recovered during search and statements under the relevant statute implicating the appellant in receipt of Rs. 12.90 crore and transfers amounting to Rs. 12.50 crore purportedly routed to secure foreign TTs, finding prima facie material suggestive of bogus exports and hawala-linked remittances. The appellant's unsubstantiated claim of financial hardship and asserted bona fide export sales was insufficient to dispel the pre-deposit requirement.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
