Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Proceedings under section 201(1) were held time-barred because earlier TDS communications were only information requests and did not amount to initiation; the first valid show-cause notice was issued in 2010. The Court accepted that the proviso to section 201(3), allowing completion up to 31 March 2011, applied only to already pending proceedings and could not revive a fresh initiation after limitation had expired. As the period for commencing action had run out for the assessment years concerned, no substantial question of law arose and the Revenue's challenge failed. The appeal was dismissed.
Proceedings under section 201(1) were held time-barred because earlier TDS communications were only information requests and did not amount to initiation; the first valid show-cause notice was issued in 2010. The Court accepted that the proviso to section 201(3), allowing completion up to 31 March 2011, applied only to already pending proceedings and could not revive a fresh initiation after limitation had expired. As the period for commencing action had run out for the assessment years concerned, no substantial question of law arose and the Revenue's challenge failed. The appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
