Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Cross-objections under section 129A(4) may challenge any part of an appealed order and are to be disposed of as an appeal; the article notes that the preliminary objection to their scope was overruled. It reports that declared import values could not be rejected without evidence that a related-party relationship influenced price, that proforma invoices reflected additional consideration, or that remittances exceeded declared values. Revised retail sale price demands were described as unsupported because relevant invoices were not supplied and no statutory post-import redetermination mechanism existed. A therapeutic transdermal patch was treated as a medicament rather than a skin-care product. The article further notes that redemption fine was unavailable where goods were unavailable and confiscation grounds failed.
Cross-objections under section 129A(4) may challenge any part of an appealed order and are to be disposed of as an appeal; the article notes that the preliminary objection to their scope was overruled. It reports that declared import values could not be rejected without evidence that a related-party relationship influenced price, that proforma invoices reflected additional consideration, or that remittances exceeded declared values. Revised retail sale price demands were described as unsupported because relevant invoices were not supplied and no statutory post-import redetermination mechanism existed. A therapeutic transdermal patch was treated as a medicament rather than a skin-care product. The article further notes that redemption fine was unavailable where goods were unavailable and confiscation grounds failed.
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