Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
The case involves a dispute over re-exporting 4536 kgs of Organic Cashew Kernel SWP. The appellant sought permission for re-export after the goods did not meet safety standards. FSSAI denied NOC, leading to confiscation and penalty. The appellant requested re-export after dry heating. The Tribunal held that the goods, though not conforming to standards, were not unfit for consumption. The decision to deny re-export lacked legal basis. The orders for confiscation and penalty were set aside, allowing re-export after dry heating within a month. The appeal was disposed of in favor of the appellant.
The case involves a dispute over re-exporting 4536 kgs of Organic Cashew Kernel SWP. The appellant sought permission for re-export after the goods did not meet safety standards. FSSAI denied NOC, leading to confiscation and penalty. The appellant requested re-export after dry heating. The Tribunal held that the goods, though not conforming to standards, were not unfit for consumption. The decision to deny re-export lacked legal basis. The orders for confiscation and penalty were set aside, allowing re-export after dry heating within a month. The appeal was disposed of in favor of the appellant.
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TaxTMI 
TaxTMI 
of 4918 
