Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
The dominant issue was whether notices issued under s.153C were valid in view of s.153C(3) for searches initiated on or after 01.04.2021. The Tribunal held that the date on which seized material is handed over to the assessee's jurisdictional AO constitutes the "date of initiation of search" for purposes of s.153C(3). Since the handover occurred on 08.09.2022, s.153C stood excluded by statute, rendering the AO's notices dated 08.09.2022 without authority and contrary to s.153C(3). Consequently, all impugned s.153C notices were quashed and the assessee succeeded. - ITAT
The dominant issue was whether notices issued under s.153C were valid in view of s.153C(3) for searches initiated on or after 01.04.2021. The Tribunal held that the date on which seized material is handed over to the assessee's jurisdictional AO constitutes the "date of initiation of search" for purposes of s.153C(3). Since the handover occurred on 08.09.2022, s.153C stood excluded by statute, rendering the AO's notices dated 08.09.2022 without authority and contrary to s.153C(3). Consequently, all impugned s.153C notices were quashed and the assessee succeeded. - ITAT
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