Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
HC found detention of vehicle and goods under Section 129 was improper. Physical verification confirmed correct quantity and weight of goods against three invoices, with no discrepancy in broad product classifications. Inspecting authority exceeded scope by scrutinizing detailed specifications (pipe size, shutter, TMT Bar dimensions) not required in invoices. While product classification issues could be addressed in separate adjudication proceedings, current detention was unwarranted as there was no evidence of tax evasion or fact suppression. Court ordered release of vehicle and goods within four days of order service. Matter disposed with directive to authorities to comply with release order.
HC found detention of vehicle and goods under Section 129 was improper. Physical verification confirmed correct quantity and weight of goods against three invoices, with no discrepancy in broad product classifications. Inspecting authority exceeded scope by scrutinizing detailed specifications (pipe size, shutter, TMT Bar dimensions) not required in invoices. While product classification issues could be addressed in separate adjudication proceedings, current detention was unwarranted as there was no evidence of tax evasion or fact suppression. Court ordered release of vehicle and goods within four days of order service. Matter disposed with directive to authorities to comply with release order.
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