Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Auction - inaction on the part of the original consignees to submit bills of entry followed by the non-clearance of the goods for home consumption or warehousing - This Court is of the firm view that the action, which has been taken by the respondents, is in accordance with the provisions of the Customs Act, 1962 and therefore, no interference in exercising extraordinary writ jurisdiction of this Court is called for - HC
Auction - inaction on the part of the original consignees to submit bills of entry followed by the non-clearance of the goods for home consumption or warehousing - This Court is of the firm view that the action, which has been taken by the respondents, is in accordance with the provisions of the Customs Act, 1962 and therefore, no interference in exercising extraordinary writ jurisdiction of this Court is called for - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
