Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Jurisdiction - invocation of provisions of Section 18 of the Customs Act - reclassifying the same product - notwithstanding the petitioners having a statutory alternative remedy by way of an appeal, the writ petition is maintainable, if the petitioners substantiate that, fundamental rights stand breached or that, the impugned order is without jurisdiction or was passed in breach of the principles of natural justice is non-speaking
Jurisdiction - invocation of provisions of Section 18 of the Customs Act - reclassifying the same product - notwithstanding the petitioners having a statutory alternative remedy by way of an appeal, the writ petition is maintainable, if the petitioners substantiate that, fundamental rights stand breached or that, the impugned order is without jurisdiction or was passed in breach of the principles of natural justice is non-speaking
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
