Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
ITAT remanded matters concerning discrepancies between Form 26AS receipts and ITR, and rejection of trading results back to AO for de novo consideration. Assessee failed to adequately explain mobilization advances and reconciliation differences. CIT(A)'s order was deemed cryptic and non-speaking regarding GP ratio mismatch. AO directed to re-examine gross profit after assessee provides documentary evidence. Assessee bears responsibility to substantiate claims during consequential proceedings. If assessee fails to respond to notices or provide required documentation, AO empowered to adjudicate based on available facts and law. Revenue's grounds allowed for statistical purposes.
ITAT remanded matters concerning discrepancies between Form 26AS receipts and ITR, and rejection of trading results back to AO for de novo consideration. Assessee failed to adequately explain mobilization advances and reconciliation differences. CIT(A)'s order was deemed cryptic and non-speaking regarding GP ratio mismatch. AO directed to re-examine gross profit after assessee provides documentary evidence. Assessee bears responsibility to substantiate claims during consequential proceedings. If assessee fails to respond to notices or provide required documentation, AO empowered to adjudicate based on available facts and law. Revenue's grounds allowed for statistical purposes.
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