Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
Land acquired in an individual's name for the appellant did not establish a real estate agent relationship, because the records showed the acquisition was on the appellant's behalf and no service was rendered to the housing society; the demand on that category was set aside. For works contract valuation, Rule 2A(ii) applies only when value cannot be determined under Rule 2A(i); the Revenue could not selectively accept some invoices and reject others without first determining the service portion, so the differential demand failed. The uncontested goods transport agency tax, already paid during audit, was confirmed.
Land acquired in an individual's name for the appellant did not establish a real estate agent relationship, because the records showed the acquisition was on the appellant's behalf and no service was rendered to the housing society; the demand on that category was set aside. For works contract valuation, Rule 2A(ii) applies only when value cannot be determined under Rule 2A(i); the Revenue could not selectively accept some invoices and reject others without first determining the service portion, so the differential demand failed. The uncontested goods transport agency tax, already paid during audit, was confirmed.
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