Departmental appeal limitation after call-book recall preserves original filing, while documented correlation supports SAD refund on imported granules...
Income-tax prosecution fails when appellate remand removes its factual foundation; directors require company arraignment for vicarious criminal liabil...
Capital character of assignment consideration prevents taxation as residuary income, while unsupported interest-related expenditure remains non-deduct...
Make-available condition shields regional support-service receipts from Indian taxation where no independent capability or permanent establishment exi...
Transfer-pricing treatment of corporate guarantees and convertible loans followed prior-year consistency, with taxable foreign dividends excluded from...
Declared transaction value cannot be rejected merely because a foreign supplier mistakenly shipped different goods where the Bill of Entry matches the supplier's invoice and import documents, and no evidence establishes deliberate misdeclaration, fraud, suppression, wilful misstatement or duty evasion by the importer. The resulting classification change is not attributable to the importer. Goods received through a bona fide supplier-induced mix-up may be cleared on payment of appropriate duty. Confiscation, redemption fine and importer penalty do not arise without the required culpable conduct. Packaged-commodity declarations must be completed before home-consumption clearance and may be affixed with prescribed permission. BIS-non-compliant non-releasable amplifiers remain subject to re-export.
Declared transaction value cannot be rejected merely because a foreign supplier mistakenly shipped different goods where the Bill of Entry matches the supplier's invoice and import documents, and no evidence establishes deliberate misdeclaration, fraud, suppression, wilful misstatement or duty evasion by the importer. The resulting classification change is not attributable to the importer. Goods received through a bona fide supplier-induced mix-up may be cleared on payment of appropriate duty. Confiscation, redemption fine and importer penalty do not arise without the required culpable conduct. Packaged-commodity declarations must be completed before home-consumption clearance and may be affixed with prescribed permission. BIS-non-compliant non-releasable amplifiers remain subject to re-export.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4883 
