Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Unexplained gifts - Donee denied to make gifts - burden to prove - The High Court has held that, gifts are not genuine and Tribunal has deleted the addition merely only on the ground that no opportunity was provided for cross-examination,but fact remains that assessee never availed it - It was observed by the HC that, transaction is not genuine but colorable as money is routed indirectly from the firm to the assessee's account under the garb of the gifts. - Supreme Court declined to interfere into the matter.
Unexplained gifts - Donee denied to make gifts - burden to prove - The High Court has held that, gifts are not genuine and Tribunal has deleted the addition merely only on the ground that no opportunity was provided for cross-examination,but fact remains that assessee never availed it - It was observed by the HC that, transaction is not genuine but colorable as money is routed indirectly from the firm to the assessee's account under the garb of the gifts. - Supreme Court declined to interfere into the matter.
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