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...
The ITAT allowed the assessee's challenges to additions made under s.153A and disallowances premised solely on a statement allegedly recorded u/s 132(4) where no incriminating material was seized and the statement was retracted, holding such statement lacked evidentiary value and cannot sustain additions absent corroboration; accordingly ground nos. addressing that issue were allowed. The Tribunal held the AO's sample one-month extrapolation and permutation-and-combination estimates were arbitrary and impermissible. The Tribunal nonetheless upheld a limited disallowance for amounts characterised as penal ("Shashti") while treating other payments as compensatory, and disallowed the CIT(A)'s direction compelling fresh month-wise submissions as beyond authority; relevant grounds were partly allowed/allowed.
The ITAT allowed the assessee's challenges to additions made under s.153A and disallowances premised solely on a statement allegedly recorded u/s 132(4) where no incriminating material was seized and the statement was retracted, holding such statement lacked evidentiary value and cannot sustain additions absent corroboration; accordingly ground nos. addressing that issue were allowed. The Tribunal held the AO's sample one-month extrapolation and permutation-and-combination estimates were arbitrary and impermissible. The Tribunal nonetheless upheld a limited disallowance for amounts characterised as penal ("Shashti") while treating other payments as compensatory, and disallowed the CIT(A)'s direction compelling fresh month-wise submissions as beyond authority; relevant grounds were partly allowed/allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
