Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
Interplay between section 144C and section 153 requires determination of limitation for passing final assessment orders by reference to both provisions construed together; this mutual and harmonious construction was applied to hold that final assessment orders rendered beyond the combined time limits are barred by limitation and therefore quashed. An interim stay of a precedent does not negate its ratio decidendi, but reliance in the instant case was placed on an unstayed High Court decision; accordingly the appeal was heard and the Departments preliminary objection rejected, resulting in annulment of time-barred assessment orders.
Interplay between section 144C and section 153 requires determination of limitation for passing final assessment orders by reference to both provisions construed together; this mutual and harmonious construction was applied to hold that final assessment orders rendered beyond the combined time limits are barred by limitation and therefore quashed. An interim stay of a precedent does not negate its ratio decidendi, but reliance in the instant case was placed on an unstayed High Court decision; accordingly the appeal was heard and the Departments preliminary objection rejected, resulting in annulment of time-barred assessment orders.
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