Reassessment under s.148A held valid; s.69 additions totaling Rs.7,00,000 deleted after acceptable contemporaneous explanations for property investmen...
Adjudication set aside; Rule 9 valuation based on internet engineer report quashed for Rule 3(4) non-compliance; Section 138B cross-examination requir...
The HC quashed and set aside the impugned show-cause notices issued to the petitioners for violation of the mandatory pre-consultation procedure prescribed by the CBEC master circulars, finding the circulars binding on the Revenue and the absence of any invoked exception. The court held the pre-consultative requirement material to administrative fairness and trade facilitation; on that ground the SCNs issued without such consultation were invalid. The Revenue was granted liberty to initiate the prescribed pre-consultation by issuing a pre-consultation notice within four weeks from the date of upload of the order. Petition dismissed as disposed of accordingly.
The HC quashed and set aside the impugned show-cause notices issued to the petitioners for violation of the mandatory pre-consultation procedure prescribed by the CBEC master circulars, finding the circulars binding on the Revenue and the absence of any invoked exception. The court held the pre-consultative requirement material to administrative fairness and trade facilitation; on that ground the SCNs issued without such consultation were invalid. The Revenue was granted liberty to initiate the prescribed pre-consultation by issuing a pre-consultation notice within four weeks from the date of upload of the order. Petition dismissed as disposed of accordingly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
