Enhanced tax rate on surrendered unexplained income applies prospectively, while cash-deposit telescoping requires verification of available surrender...

Bad-debt deductions for written-off commodity receivables were allowed, while windmill-profit expense allocation required fresh factual examination.

Foreign-leg travel reimbursement: binding interim restraint prevented retrospective employer default and eliminated consequential tax-deduction penalt...

Rejection of unreliable liquor-trade books justified profit estimation and separate taxation of omitted advertisement-display business receipts.

Specific penalty charges under section 270A are mandatory; vague notices for under-reporting or misreporting cannot sustain penalties.

Actual redemption consideration governs preference-share capital gains where no deeming rule permits substitution with equity-share valuation.

Non-cash share consideration escapes share-premium taxation, while bad debts and unsupported prior-period claims receive differing treatment.

Transfer pricing tolerance rules remove adjustments where software and advertising service prices fall within prescribed ranges.

Re-import exemption excludes FTWZ-to-DTA clearance when petroleum equipment returns under a fresh essentiality certificate for a new contract.

Parity with accepted Tribunal ruling defeats Customs Broker licence revocation where no material factual distinction is shown.

Customs Broker licence proceedings require accurate procedural facts before delay or natural-justice findings can justify setting aside regulatory act...

Excess drawback recovery requires reassessment of self-assessed shipping bills before liability can be determined and recovered.

Due diligence for transferable DFIA licences requires independent verification, with fraudulent export links exposing importers to duty and penalties.

Provisional assessment finalisation must precede export duty recovery, while redemption fine fails for goods already exported and unavailable for conf...

Post-export shipping bill conversion cannot be denied by circular limitation or later notification alone.

EPCG export obligation default sustains duty and interest, while flood-damaged capital goods avoid confiscation and penalties.

Customs Broker KYC and authorisation duties do not require physical importer verification or direct receipt of authorisation letters.

Earnest money forfeiture in e-auctions requires examination of contractual loss and applicable forfeiture terms before refund rejection.

Information held by public authorities limits RTI access; regulatory powers do not require collection from private bodies.

Information utility default records supported insolvency admission despite objections to photocopied loan documents and an undisputed default date.