Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
CESTAT held that Revenue failed to comply with the mandatory notice requirement under s.28(6) of the Customs Act, 1962, and did not establish suppression or mens rea "with intent to evade duty" sufficient to invoke the extended period of limitation. The SCN issued beyond the normal assessment period and relied solely on alleged mis-declaration without the requisite statutory conditions to trigger s.28. Consequently the extended limitation could not be invoked, the demand premised on the larger limitation period was set aside, and the impugned order was quashed. The appeals filed by the Appellant/Importer were allowed with consequential benefits as per law.
CESTAT held that Revenue failed to comply with the mandatory notice requirement under s.28(6) of the Customs Act, 1962, and did not establish suppression or mens rea "with intent to evade duty" sufficient to invoke the extended period of limitation. The SCN issued beyond the normal assessment period and relied solely on alleged mis-declaration without the requisite statutory conditions to trigger s.28. Consequently the extended limitation could not be invoked, the demand premised on the larger limitation period was set aside, and the impugned order was quashed. The appeals filed by the Appellant/Importer were allowed with consequential benefits as per law.
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