Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
First appellate authorities must examine assessment issues and decide appeal grounds through a reasoned, speaking order even when the appellant is absent; statutory appeals should not ordinarily be dismissed solely for non-prosecution without merits adjudication. In reassessment concerning unexplained cash deposits, contemporaneous material plausibly explaining non-representation required an effective opportunity to substantiate the depositor's explanation. The appellate order was set aside and the reassessment dispute remanded to the Assessing Officer for fresh adjudication after reasonable and effective hearing, subject to the assessee's cooperation and production of supporting evidence.
First appellate authorities must examine assessment issues and decide appeal grounds through a reasoned, speaking order even when the appellant is absent; statutory appeals should not ordinarily be dismissed solely for non-prosecution without merits adjudication. In reassessment concerning unexplained cash deposits, contemporaneous material plausibly explaining non-representation required an effective opportunity to substantiate the depositor's explanation. The appellate order was set aside and the reassessment dispute remanded to the Assessing Officer for fresh adjudication after reasonable and effective hearing, subject to the assessee's cooperation and production of supporting evidence.
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