Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Proportionality of an administrative penalty was contested following prolonged disciplinary proceedings that triggered an automatic suspension of authorisation. The reasoning emphasises that excessive delay between showcause notice and final order produced cumulative prejudice, making the original twoyear suspension disproportionate. The disciplinary committee failed to account for the period already endured; consequently, the active suspension was reduced to time already served and deemed ended from the date of the order. The decision therefore mitigates penalty based on delay, cumulative effect, and failure to consider mitigating factors.
Proportionality of an administrative penalty was contested following prolonged disciplinary proceedings that triggered an automatic suspension of authorisation. The reasoning emphasises that excessive delay between showcause notice and final order produced cumulative prejudice, making the original twoyear suspension disproportionate. The disciplinary committee failed to account for the period already endured; consequently, the active suspension was reduced to time already served and deemed ended from the date of the order. The decision therefore mitigates penalty based on delay, cumulative effect, and failure to consider mitigating factors.
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