Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
HC held that the Assessing Officer (AO) lacked valid jurisdictional grounds for reopening the assessment. Despite having territorial jurisdiction, the AO failed to establish a substantive reason to believe income had escaped assessment. The notice was deemed invalid as it was based solely on information from an insight portal without concrete evidence connecting the alleged accommodation entries to the petitioner's audited accounts. The court found the reopening notice constituted a fishing inquiry without demonstrating a prima facie case of income escaping assessment, thereby rendering the reopening notice legally untenable and unsustainable.
HC held that the Assessing Officer (AO) lacked valid jurisdictional grounds for reopening the assessment. Despite having territorial jurisdiction, the AO failed to establish a substantive reason to believe income had escaped assessment. The notice was deemed invalid as it was based solely on information from an insight portal without concrete evidence connecting the alleged accommodation entries to the petitioner's audited accounts. The court found the reopening notice constituted a fishing inquiry without demonstrating a prima facie case of income escaping assessment, thereby rendering the reopening notice legally untenable and unsustainable.
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