Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Release of bank-mortgaged property from PMLA attachment depends on the creditor's bona fide status and due diligence at loan disbursal and recovery. Assets linked to the accused, relatives or associates may be attached as value of proceeds of crime even without direct crime proceeds. Recovery inaction after account irregularity, fund flows involving the cooperative society, and prior associations warranted further investigation; release was therefore declined, subject to recourse before the Special Judge. RBI guidance on NPA treatment for facilities secured by a borrower's own deposits did not apply to overdrafts secured by third-party fixed deposits, including one funded by the society.
Release of bank-mortgaged property from PMLA attachment depends on the creditor's bona fide status and due diligence at loan disbursal and recovery. Assets linked to the accused, relatives or associates may be attached as value of proceeds of crime even without direct crime proceeds. Recovery inaction after account irregularity, fund flows involving the cooperative society, and prior associations warranted further investigation; release was therefore declined, subject to recourse before the Special Judge. RBI guidance on NPA treatment for facilities secured by a borrower's own deposits did not apply to overdrafts secured by third-party fixed deposits, including one funded by the society.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4912 
