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...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
The Tribunal treated the dispute as covered by its earlier coordinate Bench ruling on similar facts involving alleged misuse of duty-free import authorisations and discharge of export obligations. Applying that precedent, it found no case for imposing penalties on the supporting manufacturer or the deemed export recipient under customs law, and upheld the order to the extent it had declined such penalties. The Revenue's challenge to non-imposition of penalties therefore failed.
The Tribunal treated the dispute as covered by its earlier coordinate Bench ruling on similar facts involving alleged misuse of duty-free import authorisations and discharge of export obligations. Applying that precedent, it found no case for imposing penalties on the supporting manufacturer or the deemed export recipient under customs law, and upheld the order to the extent it had declined such penalties. The Revenue's challenge to non-imposition of penalties therefore failed.
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