Tax appeal allowed: AO exceeded s.144C DRP mandate by introducing new findings and recharacterising non-resident receipts as permanent establishment i...
Anonymized petitioner gets partial relief: bank guarantee quashed, PVC-coated fabric released under reduced conditions while valuation proceedings con...
The AT allowed the appeal, holding the impugned attachment and freeze unlawful for breach of natural justice due to non-supply of relied-upon documents (RUDs) with the show-cause notice; several RUDs, including investigative reports and FIRs, were integral to the reasons to believe and were not furnished. The Tribunal found that peripheral factual disputes (shareholding quantum, timing/repayment of loans, proprietary rights, and proportionality of seizure) became moot once procedural illegality was established. The respondents are directed to return seized movable assets, digital devices and records and to de-freeze the appellant's bank accounts within six weeks of receipt of a certified copy of this order. Appeal allowed.
The AT allowed the appeal, holding the impugned attachment and freeze unlawful for breach of natural justice due to non-supply of relied-upon documents (RUDs) with the show-cause notice; several RUDs, including investigative reports and FIRs, were integral to the reasons to believe and were not furnished. The Tribunal found that peripheral factual disputes (shareholding quantum, timing/repayment of loans, proprietary rights, and proportionality of seizure) became moot once procedural illegality was established. The respondents are directed to return seized movable assets, digital devices and records and to de-freeze the appellant's bank accounts within six weeks of receipt of a certified copy of this order. Appeal allowed.
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