Imported analyser diagnostic cartridges treated as accessories with analyser system, not standalone diagnostic reagents; extended limitation and penal...
Steel-timber construction shuttering/formwork tariff classification dispute: essential character held steel, classified as shuttering under Heading 73...
Family-linked property purchases using fabricated loan agreements and benami-style arrangements held to be crime proceeds; attachment upheld, appeal d...
Reassessment initiation was held invalid because the AO repeatedly re-presented a proposal for sanction under s.151 after initial rejection; the Act confers no power of review on either the AO or the sanctioning authority, rendering the subsequent approval and consequent s.148 proceedings without jurisdiction. The recorded "reasons to believe" were also found unsustainable as the loose papers were misread, contained multiple unrelated names/entities, and lacked any corroborative material linking the assessee to alleged illegal gratification or tender awards by an independent government undertaking; thus the foundational jurisdictional facts were absent. The reopening was quashed and relief granted to the assessee. - HC
Reassessment initiation was held invalid because the AO repeatedly re-presented a proposal for sanction under s.151 after initial rejection; the Act confers no power of review on either the AO or the sanctioning authority, rendering the subsequent approval and consequent s.148 proceedings without jurisdiction. The recorded "reasons to believe" were also found unsustainable as the loose papers were misread, contained multiple unrelated names/entities, and lacked any corroborative material linking the assessee to alleged illegal gratification or tender awards by an independent government undertaking; thus the foundational jurisdictional facts were absent. The reopening was quashed and relief granted to the assessee. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
