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...
Levy of tax and interest on sales made by the petitioner - sale in the course of import - resale of goods in Daman - first point of sale - Since the goods in question were sold by the petitioner from its bonded warehouse at Panvel to the bonded warehouse of the said M/s ASK Agencies at Kalamboli, New Mumbai, the sale was required to be treated as, “Sale in the course of import” and thus the petitioner rightly did not pay any tax on the said transaction being a bond to bond sale. - HC
Levy of tax and interest on sales made by the petitioner - sale in the course of import - resale of goods in Daman - first point of sale - Since the goods in question were sold by the petitioner from its bonded warehouse at Panvel to the bonded warehouse of the said M/s ASK Agencies at Kalamboli, New Mumbai, the sale was required to be treated as, “Sale in the course of import” and thus the petitioner rightly did not pay any tax on the said transaction being a bond to bond sale. - HC
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