Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
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HC held that both appellants must be given opportunity to cross-examine witness Mr. B under Section 138(B) of Customs Act, addressing discriminatory treatment by CESTAT which upheld penalties against one appellant while adopting opposite approach for similarly situated co-appellant. While cross-examination is not an unfettered right in all customs proceedings, principles of natural justice require it when witness statements form basis of penalties under Sections 112 and 114A. Court directed single-day cross-examination with possibility of one extension, after which authority shall adjudicate matter per law. Court emphasized that information from statutory authorities doesn't automatically warrant cross-examination but circumstances of this case necessitated equal treatment of both appellants regarding examination rights.
HC held that both appellants must be given opportunity to cross-examine witness Mr. B under Section 138(B) of Customs Act, addressing discriminatory treatment by CESTAT which upheld penalties against one appellant while adopting opposite approach for similarly situated co-appellant. While cross-examination is not an unfettered right in all customs proceedings, principles of natural justice require it when witness statements form basis of penalties under Sections 112 and 114A. Court directed single-day cross-examination with possibility of one extension, after which authority shall adjudicate matter per law. Court emphasized that information from statutory authorities doesn't automatically warrant cross-examination but circumstances of this case necessitated equal treatment of both appellants regarding examination rights.
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