Maintainability of a Section 7 insolvency petition against a financial service provider denied; appeal dismissed for non maintainability and complex d...
Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
Transfer of assessment jurisdiction under Section 127 was challenged on the ground that the case should instead proceed at the original station and that incriminating material, if any, ought to have been routed there. The court held that Section 127 is a machinery provision enabling transfer for administrative convenience, coordinated investigation, efficient tax collection, and public interest, subject to prior reasonable opportunity and recorded reasons. As no mala fides were alleged, adequate hearing was granted, and the impugned order was a speaking order with acceptable reasons, the transfer was upheld and writ interference was declined. It was further held that Section 158BD does not bar centralization where linked entities are assessed elsewhere, if Section 127 procedure is followed. - HC
Transfer of assessment jurisdiction under Section 127 was challenged on the ground that the case should instead proceed at the original station and that incriminating material, if any, ought to have been routed there. The court held that Section 127 is a machinery provision enabling transfer for administrative convenience, coordinated investigation, efficient tax collection, and public interest, subject to prior reasonable opportunity and recorded reasons. As no mala fides were alleged, adequate hearing was granted, and the impugned order was a speaking order with acceptable reasons, the transfer was upheld and writ interference was declined. It was further held that Section 158BD does not bar centralization where linked entities are assessed elsewhere, if Section 127 procedure is followed. - HC
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