Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Reopening of assessment u/s 147 - Capital gain on sale of property - there is “reason to believe” the income chargeable to tax has been under assessed, in view of certain sale transactions, which all are not recognizable under the provisions of the relevant Statutes. Thus, the petitioner is bound to participate in the reassessment proceedings by availing the opportunities to be provided by the competent authorities and established his case in the manner known to law. Writ petition fails. - HC
Reopening of assessment u/s 147 - Capital gain on sale of property - there is “reason to believe” the income chargeable to tax has been under assessed, in view of certain sale transactions, which all are not recognizable under the provisions of the relevant Statutes. Thus, the petitioner is bound to participate in the reassessment proceedings by availing the opportunities to be provided by the competent authorities and established his case in the manner known to law. Writ petition fails. - HC
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