Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
The HC held that the petitioner, as an aggrieved party, was entitled to service of all material relied upon by the authority and to an opportunity to rebut; withholding of such material by the 1st respondent constituted a breach of the principles of natural justice. The court directed respondents to furnish the impugned material on the basis of which recovery of Rs. 1,79,50,000 was sought, noting that severe allegations against respondents 3-5 could not justify denying procedural fairness to the petitioner. The HC accordingly ordered early resolution of the controversy and disposed of the petition.
The HC held that the petitioner, as an aggrieved party, was entitled to service of all material relied upon by the authority and to an opportunity to rebut; withholding of such material by the 1st respondent constituted a breach of the principles of natural justice. The court directed respondents to furnish the impugned material on the basis of which recovery of Rs. 1,79,50,000 was sought, noting that severe allegations against respondents 3-5 could not justify denying procedural fairness to the petitioner. The HC accordingly ordered early resolution of the controversy and disposed of the petition.
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