International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
HC held that denial of cross-examination did not vitiate the assessment where the proceedings under section 153C were founded on seized loose sheets recovered during search, not on the statement of the person whose cross-examination was sought. Applying Andaman Timber Industries, the Court found that the statement was only corroborative and was not used as the basis of the assessment or penalty. As the impugned orders rested on seized material and not on the disputed statement, no procedural irregularity or breach of natural justice was made out. The writ petitions were dismissed, with liberty to pursue the appellate remedy.
HC held that denial of cross-examination did not vitiate the assessment where the proceedings under section 153C were founded on seized loose sheets recovered during search, not on the statement of the person whose cross-examination was sought. Applying Andaman Timber Industries, the Court found that the statement was only corroborative and was not used as the basis of the assessment or penalty. As the impugned orders rested on seized material and not on the disputed statement, no procedural irregularity or breach of natural justice was made out. The writ petitions were dismissed, with liberty to pursue the appellate remedy.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
