Split consignment classification treated complementary motorcycle parts as one imported motorcycle, sustaining valuation, confiscation and importer li...
Timely pronouncement of reserved judgments requires defined timelines, transparency measures, and remedial pathways to protect liberty and effective j...
Settlement-price depression requires proof of manipulation, not merely short exposure, late selling, or below-market orders, preserving disclosure pen...
Related-party commission expenditure under section 40A(2)(b) is not disallowable solely because payment is made to a related person. Excessiveness or unreasonableness must be assessed against the fair market value of services, legitimate business needs, and benefit derived. A benchmark from an unrelated line of business, unsupported by comparable material, cannot establish that commission is excessive. Verification remains necessary to confirm services rendered and their commercial justification. Applying these principles, the related-party commission disallowance was deleted.
Related-party commission expenditure under section 40A(2)(b) is not disallowable solely because payment is made to a related person. Excessiveness or unreasonableness must be assessed against the fair market value of services, legitimate business needs, and benefit derived. A benchmark from an unrelated line of business, unsupported by comparable material, cannot establish that commission is excessive. Verification remains necessary to confirm services rendered and their commercial justification. Applying these principles, the related-party commission disallowance was deleted.
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TaxTMI 
TaxTMI 
of 4894 
