Jurisdictional sanction requirements bar reassessment when approval comes from an authority lacking statutory competence under the applicable framewor...
Recorded sales receipts cannot be reassessed as unexplained cash credits, eliminating the basis for consequential alleged commission expenditure addit...
Sufficient cause for delayed income-tax appeals requires bona fide diligence; unsubstantiated counsel illness and assessee inaction defeat condonation...
TNMM Segmentation Limits Transfer-Pricing Adjustments to Associated-Enterprise Transactions and Requires Turnover-Based Comparable Selection for IT Se...
Seized goods comprising 14 containers of Used Multifunctional Digital Devices (MFDs) denied provisional release. Tribunal observed numerous orders from itself and High Courts accepted impugned MFDs not liable for absolute confiscation. Relied on Supreme Court judgment in Commissioner of Customs vs. M/s. Atul Automations Pvt. Ltd. dismissing revenue's review petition. Appellant's request for provisional release covered u/s 110A of the Act. Impugned order set aside, appeal allowed. Adjudicating authority directed to order provisional release within one month considering matter pending over five years.
Seized goods comprising 14 containers of Used Multifunctional Digital Devices (MFDs) denied provisional release. Tribunal observed numerous orders from itself and High Courts accepted impugned MFDs not liable for absolute confiscation. Relied on Supreme Court judgment in Commissioner of Customs vs. M/s. Atul Automations Pvt. Ltd. dismissing revenue's review petition. Appellant's request for provisional release covered u/s 110A of the Act. Impugned order set aside, appeal allowed. Adjudicating authority directed to order provisional release within one month considering matter pending over five years.
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TaxTMI 
TaxTMI 
