Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Levy of penalty - Smuggling - parts of wild animals - Prohibited goods or not - the Revenue failed to conclusively prove that the goods in question were prohibited items as alleged. The reliance on the visual examination by an inspector from the Forest Department, who was not an expert and whose opinion was uncertain and inconclusive, was deemed insufficient. The Tribunal noted the lack of a definitive conclusion or written opinion regarding the nature of the consignments. - AT
Levy of penalty - Smuggling - parts of wild animals - Prohibited goods or not - the Revenue failed to conclusively prove that the goods in question were prohibited items as alleged. The reliance on the visual examination by an inspector from the Forest Department, who was not an expert and whose opinion was uncertain and inconclusive, was deemed insufficient. The Tribunal noted the lack of a definitive conclusion or written opinion regarding the nature of the consignments. - AT
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