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    Bona fide purchaser protection: input tax credit cannot be denied merely because the supplier failed to remit tax.
    System-based e-scheduling for cargo examination streamlines import clearances through ICEGATE with automated notifications and controlled rescheduling...
    Mandatory re-assessment before customs refund claims must be routed through ICEGATE 2.0's Re-assessment cum Refund module.
    Compulsory scrutiny selection rules set for FY 2026-27, covering survey, search, reopening, exemption, and tax-evasion cases.
    NOP-INR position relief for swap exposures from FCNR(B), ECB and OFCB, subject to compliance with existing circular requirements.
    Consolidated GST show cause notices across financial years are permissible, with limitation tested year by year.
    Portal service of GST notices upheld, and extended limitation applied for suppression-based short payment assessments.
    Corporate guarantee taxability under GST remitted for fresh assessment after circulars and prior ruling were overlooked.
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    Monetary threshold for return-filing prosecution defeated continuation of criminal proceedings for non-filing of income tax return.
    Transfer pricing discipline upheld, TNMM accepted; reversal of provisions and TDS/TCS credit issues sent back for verification
    Inflated purchase additions through foreign procurement entity deleted for lack of proof of sham, flow-back or price inflation
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    Transit remand and written grounds of arrest are mandatory; illegal detention set aside for non-compliance
    Natural justice in refund rejection: hurried disposal after a short reply period was quashed and remitted for fresh decision
    GST assessment remitted for fresh adjudication where inadvertent input tax credit reversal required factual examination
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      An operative bankruptcy order triggered the statutory travel...

      Statutory travel restriction on a bankrupt upheld; trustee communications treated as compliance measures, not unlawful passport impounding

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      IBCMay 12, 2026Case LawsHC
      An operative bankruptcy order triggered the statutory travel restriction under the Insolvency and Bankruptcy Code, so the bankrupt could not travel abroad without permission of the Adjudicating Authority. The Court distinguished this consequence from impounding under the Passports Act, holding that the Bankruptcy Trustee's communications merely conveyed the existing legal restriction and did not amount to unlawful passport seizure. It also held that the Trustee acted within statutory duties in securing compliance with the bankruptcy process, and that the petitioner had an efficacious remedy before the NCLT, including seeking permission to travel. The writ petition was dismissed as an attempt to bypass the statutory mechanism.

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      ActsIncome Tax