Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Addition u/s 68 - exemption u/s 10(38) - allegation of bogus long term capital gain - although the appreciation is very high, the shares were traded on the National Stock Exchange and the payments and receipts were routed through the bank. - A.O. did not mention any fact as to how the claim of assessee was sham or bogus.
Addition u/s 68 - exemption u/s 10(38) - allegation of bogus long term capital gain - although the appreciation is very high, the shares were traded on the National Stock Exchange and the payments and receipts were routed through the bank. - A.O. did not mention any fact as to how the claim of assessee was sham or bogus.
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