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 allowed the assessee's appeal, deleting additions made under section 153C/143(3) for Assessment Year 2014-15. The Tribunal found no incriminating material during the search and held that survey evidence could not be utilized in proceedings under section 153A. Differences in sales, unexplained cash credits, and interest on alleged bogus loans were deleted. The order remanded two issues to the Assessing Officer: verification of GMC tax expenditure's treatment as capital expense and examination of disallowance under section 40A(3) pending production of required documentation. The appeal was substantially allowed with directions for further investigation and potential adjustments.
ITAT allowed the assessee's appeal, deleting additions made under section 153C/143(3) for Assessment Year 2014-15. The Tribunal found no incriminating material during the search and held that survey evidence could not be utilized in proceedings under section 153A. Differences in sales, unexplained cash credits, and interest on alleged bogus loans were deleted. The order remanded two issues to the Assessing Officer: verification of GMC tax expenditure's treatment as capital expense and examination of disallowance under section 40A(3) pending production of required documentation. The appeal was substantially allowed with directions for further investigation and potential adjustments.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
