Educational approval requires mandatory State registration, but incidental surplus and trustee-owned land do not prove private benefit or profit motiv...
Judicial review of settlement orders cannot reopen settled customs notices, while statutory interest remains subject to verification and quantificatio...
Customs Broker licence lending for consideration justified revocation where exporter authorisation and client verification obligations were also breac...
Fraudulent import documents suspend limitation protection, while redemption of confiscated goods requires duty and interest despite bona fide purchase...
ODR arbitration participation remains mandatory after failed conciliation, while jurisdictional and maintainability objections stay available before t...
Transparency in technical bid evaluation requires disclosed standards and recorded reasons; opaque scoring invalidated tender awards and required fres...
Automated export obligation extensions remove separate regional applications after committee approval for Advance Authorisation and EPCG authorisation...
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ITAT allowed assessee's appeal for statistical purposes regarding addition under section 69A for unexplained cash deposits allegedly from vegetable and milk sales. Tribunal found assessee failed to provide documentary evidence of milk and vegetable supplies across India, transportation proof, or satisfactory explanation for frequent cash withdrawals following deposits. However, ITAT accepted assessee's legal contention that cash deposits cannot be treated as undisclosed income without crediting prior withdrawals from the same bank account, unless revenue demonstrates alternative utilization of withdrawn cash. Matter remanded to Assessing Officer for verification and determination per established legal principles requiring credit for withdrawals when assessing unexplained deposits in identical bank accounts.
ITAT allowed assessee's appeal for statistical purposes regarding addition under section 69A for unexplained cash deposits allegedly from vegetable and milk sales. Tribunal found assessee failed to provide documentary evidence of milk and vegetable supplies across India, transportation proof, or satisfactory explanation for frequent cash withdrawals following deposits. However, ITAT accepted assessee's legal contention that cash deposits cannot be treated as undisclosed income without crediting prior withdrawals from the same bank account, unless revenue demonstrates alternative utilization of withdrawn cash. Matter remanded to Assessing Officer for verification and determination per established legal principles requiring credit for withdrawals when assessing unexplained deposits in identical bank accounts.
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