Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
CESTAT allowed the appeals, invalidating the show cause notices issued beyond the statutory limitation period. The tribunal found no substantive evidence of intentional suppression of facts or tax evasion. The department could not justify extending the limitation period since prior notices had been issued and the financial documents were publicly available. The tribunal concluded that the Commissioner (Appeals) orders were incorrectly passed, particularly regarding the extended limitation under section 73(1) of the Finance Act. Consequently, the appeals were allowed, setting aside the previous orders and providing consequential relief to the appellant.
CESTAT allowed the appeals, invalidating the show cause notices issued beyond the statutory limitation period. The tribunal found no substantive evidence of intentional suppression of facts or tax evasion. The department could not justify extending the limitation period since prior notices had been issued and the financial documents were publicly available. The tribunal concluded that the Commissioner (Appeals) orders were incorrectly passed, particularly regarding the extended limitation under section 73(1) of the Finance Act. Consequently, the appeals were allowed, setting aside the previous orders and providing consequential relief to the appellant.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
