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 invalidated reassessment proceedings initiated beyond four years, finding no new substantive evidence to justify reopening. The Tribunal determined that the Assessing Officer's attempt to reopen the case was merely a change of opinion on existing facts, without discovering any fresh information. The assessee had previously disclosed all relevant details during original assessment proceedings, including land sale particulars in audited financial statements. Consequently, the Tribunal quashed the notice under Section 148 and the subsequent reassessment order, thereby allowing the assessee's appeal and rendering the reopening proceedings legally unsustainable.
ITAT invalidated reassessment proceedings initiated beyond four years, finding no new substantive evidence to justify reopening. The Tribunal determined that the Assessing Officer's attempt to reopen the case was merely a change of opinion on existing facts, without discovering any fresh information. The assessee had previously disclosed all relevant details during original assessment proceedings, including land sale particulars in audited financial statements. Consequently, the Tribunal quashed the notice under Section 148 and the subsequent reassessment order, thereby allowing the assessee's appeal and rendering the reopening proceedings legally unsustainable.
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