Income Declaration Scheme declarations can evidence share-capital sources, while round-tripped funds and cash-linked credits require further verificat...
Permanent establishment tests: independent subsidiary premises and principal-to-principal dealings did not create Indian taxability for offshore suppl...
Valuation Officer estimates govern property-value additions once statutory valuation is invoked, requiring fresh consideration of objections and compa...
Waiver of written show-cause notice may prevent a later procedural challenge after participation in customs adjudication, preserving statutory appella...
Retrospective invalidity of ocean-freight IGST supports refunds despite non-party status and prior credit utilisation, subject to authorised appeal gr...
Failure to consider an adjournment request uploaded through the income-tax portal can deny the taxpayer an effective opportunity to respond to a show-cause notice and breach principles of natural justice. Portal-generated confirmation and subsequent communication established that the request had been filed but was not placed before the Assessing Officer. The final assessment was therefore set aside and remitted for fresh assessment, with an opportunity to submit a reply and receive a hearing.
Failure to consider an adjournment request uploaded through the income-tax portal can deny the taxpayer an effective opportunity to respond to a show-cause notice and breach principles of natural justice. Portal-generated confirmation and subsequent communication established that the request had been filed but was not placed before the Assessing Officer. The final assessment was therefore set aside and remitted for fresh assessment, with an opportunity to submit a reply and receive a hearing.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
