Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Valuation of goods - admissibility of discounts - adjustment of list price by giving different rebates / discounts referred to as Movement Plan Rebate (MPR) - The Tribunal upheld the appellant's contention that discounts passed on to buyers and known at the time of clearance should be considered for determining the assessable value. Additionally, they ruled in favor of the appellant regarding the limitation on demand, citing the absence of intent to evade duty and the non-disclosure of rebate adjustments in filed returns.
Valuation of goods - admissibility of discounts - adjustment of list price by giving different rebates / discounts referred to as Movement Plan Rebate (MPR) - The Tribunal upheld the appellant's contention that discounts passed on to buyers and known at the time of clearance should be considered for determining the assessable value. Additionally, they ruled in favor of the appellant regarding the limitation on demand, citing the absence of intent to evade duty and the non-disclosure of rebate adjustments in filed returns.
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TaxTMI 
TaxTMI 
