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Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
The HC refused the prayer for a writ directing release of the goods for re-export, holding that the Customs authorities are entitled to issue a show cause notice and adjudicate pending investigation findings; bond-to-bond transfer to R4 could not be permitted due to R4's non-cooperation and outstanding CFSL opinion on alleged forgery. Allegations of forgery remain for statutory adjudication under the Customs Act and Rules, and the Customs Department must deal with the consignment in accordance with law. Alleged non-payment by R3 is a private contractual dispute unsuitable for determination in this writ. Petition disposed.
The HC refused the prayer for a writ directing release of the goods for re-export, holding that the Customs authorities are entitled to issue a show cause notice and adjudicate pending investigation findings; bond-to-bond transfer to R4 could not be permitted due to R4's non-cooperation and outstanding CFSL opinion on alleged forgery. Allegations of forgery remain for statutory adjudication under the Customs Act and Rules, and the Customs Department must deal with the consignment in accordance with law. Alleged non-payment by R3 is a private contractual dispute unsuitable for determination in this writ. Petition disposed.
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