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Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Statements recorded under the Income Tax Act were held usable in benami proceedings because the two statutes operate in allied fields, and cross-examination was not treated as an automatic right under the Benami Act. The Tribunal found those statements corroborated by shareholding patterns, effective control of the companies by Mahaveer Lunia and his family, recovery of property lists from his residence, and the appellants' failure to prove lawful sources of funds. It further held that the companies functioned as fronts and the ingredients of benami transaction were satisfied, so the provisional attachment was confirmed and the appeals were dismissed.
Statements recorded under the Income Tax Act were held usable in benami proceedings because the two statutes operate in allied fields, and cross-examination was not treated as an automatic right under the Benami Act. The Tribunal found those statements corroborated by shareholding patterns, effective control of the companies by Mahaveer Lunia and his family, recovery of property lists from his residence, and the appellants' failure to prove lawful sources of funds. It further held that the companies functioned as fronts and the ingredients of benami transaction were satisfied, so the provisional attachment was confirmed and the appeals were dismissed.
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