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 granted ad-interim relief to the Petitioner, holding that under the pre-amendment proviso of s.275(1)(a) of the IT Act an order imposing penalty under Chapter XXI ought not be passed while an appeal against the assessment is pending before the Appellate Tribunal; accordingly the impugned penalty order is set aside and remitted to the AO with a direction that penalty proceedings be kept in abeyance until the ITAT disposes the pending appeal. The court found a strong prima facie case and balance of convenience in the Petitioner's favour, noting potential recovery of c. Rs.101 crore, and directed the Revenue to file any affidavit-in-reply by 12 Nov 2025.
The HC granted ad-interim relief to the Petitioner, holding that under the pre-amendment proviso of s.275(1)(a) of the IT Act an order imposing penalty under Chapter XXI ought not be passed while an appeal against the assessment is pending before the Appellate Tribunal; accordingly the impugned penalty order is set aside and remitted to the AO with a direction that penalty proceedings be kept in abeyance until the ITAT disposes the pending appeal. The court found a strong prima facie case and balance of convenience in the Petitioner's favour, noting potential recovery of c. Rs.101 crore, and directed the Revenue to file any affidavit-in-reply by 12 Nov 2025.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
