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...
Under the Sabka Vishwas Scheme, a liability admitted during enquiry or investigation was not treated as final quantification of duty by itself. Eligibility required the duty payable in the pending matter to be quantified on or before the statutory cut-off date, and a partial admission during investigation could not satisfy that requirement. On that basis, the rejection of the declaration was upheld because the tax liability had not been finally quantified by 30.06.2019. The hearing before the Designated Committee arose only after eligibility was established, so no prior hearing was required where the declarant was ex facie ineligible.
Under the Sabka Vishwas Scheme, a liability admitted during enquiry or investigation was not treated as final quantification of duty by itself. Eligibility required the duty payable in the pending matter to be quantified on or before the statutory cut-off date, and a partial admission during investigation could not satisfy that requirement. On that basis, the rejection of the declaration was upheld because the tax liability had not been finally quantified by 30.06.2019. The hearing before the Designated Committee arose only after eligibility was established, so no prior hearing was required where the declarant was ex facie ineligible.
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