Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
CESTAT held that the appellant's disposal of two non-motorable vehicles as scrap does not constitute a violation of Ad-hoc Exemption Order No. 336. The tribunal found that: (1) vehicles were no longer usable after 8-12 years of operation in desert conditions; (2) condition prohibiting sale does not apply to scrapped vehicles; (3) Show Cause Notice issued almost 20 years after duty payment is time-barred beyond the five-year limitation period. Consequently, the demand for customs duty, interest, and penalties was set aside, and the appellant's appeal was allowed, effectively quashing the department's claims against the appellant.
CESTAT held that the appellant's disposal of two non-motorable vehicles as scrap does not constitute a violation of Ad-hoc Exemption Order No. 336. The tribunal found that: (1) vehicles were no longer usable after 8-12 years of operation in desert conditions; (2) condition prohibiting sale does not apply to scrapped vehicles; (3) Show Cause Notice issued almost 20 years after duty payment is time-barred beyond the five-year limitation period. Consequently, the demand for customs duty, interest, and penalties was set aside, and the appellant's appeal was allowed, effectively quashing the department's claims against the appellant.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
