Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
The HC dismissed the petition challenging the implementation of the Duty Drawback Scheme, DEEC, and EPCG, finding that the petitioner's claim to informer status was denied and that relevant information originated from a foreign consulate. The affidavit filed by the Ministry of Revenue detailed actions taken against the implicated firms and measures adopted by Customs to prevent future fraud. The court held that the government's safeguards adequately address the petitioner's concerns. No further relief was granted, and the petition was disposed of with the directive that any ongoing investigations related to the matter be concluded expeditiously.
The HC dismissed the petition challenging the implementation of the Duty Drawback Scheme, DEEC, and EPCG, finding that the petitioner's claim to informer status was denied and that relevant information originated from a foreign consulate. The affidavit filed by the Ministry of Revenue detailed actions taken against the implicated firms and measures adopted by Customs to prevent future fraud. The court held that the government's safeguards adequately address the petitioner's concerns. No further relief was granted, and the petition was disposed of with the directive that any ongoing investigations related to the matter be concluded expeditiously.
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