Appellate enhancement limits protect against new income sources, while documented credits and prior-year investments resist unexplained-income additio...
Interest on customs duty refunded because the duty was never payable is compensatory for the period the amount remained with the authorities. Where a refund is sanctioned on that basis, interest accrues from the date of duty deposit and continues until the refund is realised. This treatment applies equally to duty paid during investigation.
Interest on customs duty refunded because the duty was never payable is compensatory for the period the amount remained with the authorities. Where a refund is sanctioned on that basis, interest accrues from the date of duty deposit and continues until the refund is realised. This treatment applies equally to duty paid during investigation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4879 
