Toy balloon tariff classification: functional heading prevails over residual rubber and festive article headings, supporting penalties for deliberate ...
Customs valuation using comparable contemporaneous imports can displace declared value, while missing speaking orders require pursuit before competent...
Foreign customs declarations and importer admissions established undervaluation, supporting sequential value redetermination, differential duty, and m...
Customs seizure safeguards prevent detention-based limitation avoidance and invalidate provisional release conditions for imported vehicles under an i...
Page of 4828
Press 'Enter' after typing page number.
361 to 380 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
ITAT upheld the valuation report of the Departmental Valuation Officer (DVO) over the registered valuer's assessment. The appellant failed to provide substantive evidence to challenge the DVO's valuation, which they claimed was arbitrary and unreasonable. The assessee's invocation of section 56(2)(vii) read with section 50C lacked supporting documentation, and no such claim was initially raised during rectification proceedings u/s 154. The CIT(A)'s decision was sustained as the appellant presented mere averments without cogent documentary evidence to invalidate the revenue authorities' determinations. The tribunal found the DVO's report valid and reasonable, dismissing the appeal against the assessee.
ITAT upheld the valuation report of the Departmental Valuation Officer (DVO) over the registered valuer's assessment. The appellant failed to provide substantive evidence to challenge the DVO's valuation, which they claimed was arbitrary and unreasonable. The assessee's invocation of section 56(2)(vii) read with section 50C lacked supporting documentation, and no such claim was initially raised during rectification proceedings u/s 154. The CIT(A)'s decision was sustained as the appellant presented mere averments without cogent documentary evidence to invalidate the revenue authorities' determinations. The tribunal found the DVO's report valid and reasonable, dismissing the appeal against the assessee.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
