Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The SC dismissed the SLP challenging the High Court's refusal to direct the Commissioner of Customs (Appeals) to admit petitioners' appeal without mandatory pre-deposit under Section 129E of the Customs Act, 1962. The High Court had correctly held that petitioners failed to challenge the original order and instead filed an appeal without the statutory pre-deposit requirement. When the appeal was dismissed for non-compliance with pre-deposit provisions, petitioners sought relief under Article 226, which the High Court properly declined as it would contravene statutory requirements. The SC found no grounds to interfere with the High Court's discretionary jurisdiction exercise, affirming that courts cannot grant relief contrary to express statutory provisions through constitutional writ jurisdiction.
The SC dismissed the SLP challenging the High Court's refusal to direct the Commissioner of Customs (Appeals) to admit petitioners' appeal without mandatory pre-deposit under Section 129E of the Customs Act, 1962. The High Court had correctly held that petitioners failed to challenge the original order and instead filed an appeal without the statutory pre-deposit requirement. When the appeal was dismissed for non-compliance with pre-deposit provisions, petitioners sought relief under Article 226, which the High Court properly declined as it would contravene statutory requirements. The SC found no grounds to interfere with the High Court's discretionary jurisdiction exercise, affirming that courts cannot grant relief contrary to express statutory provisions through constitutional writ jurisdiction.
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