Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Waiver of Penalty - Section 149 permits reassessment only in the circumstances and on the strength of “documentary evidence which was in existence at the time goods were cleared, deposited or exported”. It is not clear that country of origin certificate were available at the time of clearance of goods - appellants have correctly described the product in the bills of entry and claimed the notification - no penalty
Waiver of Penalty - Section 149 permits reassessment only in the circumstances and on the strength of “documentary evidence which was in existence at the time goods were cleared, deposited or exported”. It is not clear that country of origin certificate were available at the time of clearance of goods - appellants have correctly described the product in the bills of entry and claimed the notification - no penalty
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
