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...
Properties representing "proceeds of crime" can be provisionally attached even when held by persons not named as accused in the FIR or charge-sheet, since PMLA aims to trace and secure proceeds in whosoever's possession; accordingly, the challenge on this ground was rejected. Properties acquired prior to the scheduled offence period are also attachable as "value thereof" under the second limb of the definition of "proceeds of crime"; hence, attachment of equivalent-value assets was upheld. Release was declined because PMLA does not require a direct nexus where attachment is based on indirect acquisition or "value thereof." Mortgaged assets were held attachable to prevent alienation; secured creditors may seek auction through the Special Judge with safeguards for surplus deposit. Appeal dismissed. - AT
Properties representing "proceeds of crime" can be provisionally attached even when held by persons not named as accused in the FIR or charge-sheet, since PMLA aims to trace and secure proceeds in whosoever's possession; accordingly, the challenge on this ground was rejected. Properties acquired prior to the scheduled offence period are also attachable as "value thereof" under the second limb of the definition of "proceeds of crime"; hence, attachment of equivalent-value assets was upheld. Release was declined because PMLA does not require a direct nexus where attachment is based on indirect acquisition or "value thereof." Mortgaged assets were held attachable to prevent alienation; secured creditors may seek auction through the Special Judge with safeguards for surplus deposit. Appeal dismissed. - AT
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