Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
The HC dismissed the petition challenging CGST officials' search and seizure at premises linked to the Gumber family, holding petitioners sought premature judicial intervention during investigation. The court found the proper officer had "reasons to believe" justifying inspection, search and seizure under Section 67 of the Act, and that entry was not unlawfully obtained where a tenant provided access. Allegations of privacy breach by seizure of CCTV footage were noted but did not vitiate the exercise of power. The HC emphasised statutory safeguards (including requirement to record reasons and inventory, and return if no SCN within prescribed period) and left other constitutional and statutory remedies open to the petitioners.
The HC dismissed the petition challenging CGST officials' search and seizure at premises linked to the Gumber family, holding petitioners sought premature judicial intervention during investigation. The court found the proper officer had "reasons to believe" justifying inspection, search and seizure under Section 67 of the Act, and that entry was not unlawfully obtained where a tenant provided access. Allegations of privacy breach by seizure of CCTV footage were noted but did not vitiate the exercise of power. The HC emphasised statutory safeguards (including requirement to record reasons and inventory, and return if no SCN within prescribed period) and left other constitutional and statutory remedies open to the petitioners.
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