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 regulator advises insolvency professionals to file applications under the PMLA for restitution of assets attached by enforcement authorities in insolvency matters and prescribes a standard undertaking to accompany such applications. The undertaking bars sale, transfer or use of restituted assets to disqualified persons or those benefiting accused/charge-sheeted parties, requires quarterly reports to the Special Court on asset status, use and disposals, mandates disclosure of attached properties in information memoranda/auction notices, and obliges cooperation with investigators (including provision of PUFE transaction details, creditor committee and successful bidder information). Non-commercial documents must be produced on request; commercially sensitive materials require written acknowledgement of sensitivity. Obligations run until plan approval or dissolution.
The regulator advises insolvency professionals to file applications under the PMLA for restitution of assets attached by enforcement authorities in insolvency matters and prescribes a standard undertaking to accompany such applications. The undertaking bars sale, transfer or use of restituted assets to disqualified persons or those benefiting accused/charge-sheeted parties, requires quarterly reports to the Special Court on asset status, use and disposals, mandates disclosure of attached properties in information memoranda/auction notices, and obliges cooperation with investigators (including provision of PUFE transaction details, creditor committee and successful bidder information). Non-commercial documents must be produced on request; commercially sensitive materials require written acknowledgement of sensitivity. Obligations run until plan approval or dissolution.
Note: It is a system-generated summary and is for quick reference only.
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