Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
Functional comparability under TNMM requires highway contract benchmarks to reflect operation, maintenance and transfer activities, requiring fresh be...
The High Court dismissed the petition filed by an informer seeking directions against private respondents (importers of luxury cars) and statutory authorities (Customs, DRI) for alleged undervaluation and duty evasion. The court held that complex matters involving technical expertise on import valuation, pricing, and duty cannot be adjudicated in writ jurisdiction. The statutory authorities had already investigated based on the informer's information and found no violation by the importers. Mere suspicion without substantiating collusion or mala fides cannot warrant directions against authorities or importers. The informer cannot misuse his status for a witch-hunt against importers. Substantial investigation had already occurred, and the proceedings cannot continue merely on the informer's insistence. The court cannot issue directions regarding future imports in writ jurisdiction.
The High Court dismissed the petition filed by an informer seeking directions against private respondents (importers of luxury cars) and statutory authorities (Customs, DRI) for alleged undervaluation and duty evasion. The court held that complex matters involving technical expertise on import valuation, pricing, and duty cannot be adjudicated in writ jurisdiction. The statutory authorities had already investigated based on the informer's information and found no violation by the importers. Mere suspicion without substantiating collusion or mala fides cannot warrant directions against authorities or importers. The informer cannot misuse his status for a witch-hunt against importers. Substantial investigation had already occurred, and the proceedings cannot continue merely on the informer's insistence. The court cannot issue directions regarding future imports in writ jurisdiction.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4784
Join Channel
TaxTMI 
