Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
Notice u/s 142(1) was issued to petitioner, but respondent failed to state when it was delivered/served, violating principles of natural justice. Impugned order deserves to be set aside adopting justice-oriented approach, granting petitioner opportunity to reply to Section 142 notice. Respondent entitled to claim interest on demand amount if order passed against petitioner after remand due to lapse of four years from impugned order.
Notice u/s 142(1) was issued to petitioner, but respondent failed to state when it was delivered/served, violating principles of natural justice. Impugned order deserves to be set aside adopting justice-oriented approach, granting petitioner opportunity to reply to Section 142 notice. Respondent entitled to claim interest on demand amount if order passed against petitioner after remand due to lapse of four years from impugned order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
