Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Quantum of penalty levied under Section 114 (iii) of the Customs Act, 1962 - fraudulent export as goods were grossly undervalued - the appellant has acted only on the instruction of the employer and more so on the basis of the signed documents i.e. invoice given by his employer. - The exorbitant penalty of ₹ 75 Lacs is not justified - the penalty is reduced from ₹ 75 Lacs to ₹ 25,000/-. - AT
Quantum of penalty levied under Section 114 (iii) of the Customs Act, 1962 - fraudulent export as goods were grossly undervalued - the appellant has acted only on the instruction of the employer and more so on the basis of the signed documents i.e. invoice given by his employer. - The exorbitant penalty of ₹ 75 Lacs is not justified - the penalty is reduced from ₹ 75 Lacs to ₹ 25,000/-. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
