Extended reassessment limitation in search cases requires asset-linked escaped income, invalidating additions based only on unexplained money or expen...
Enhanced tolerance band under section 43CA applies retrospectively, deleting qualifying deemed-sale additions while disputed stamp valuation requires ...
Customs transaction value rejection requires communicated reasonable doubt, while written reassessment acceptance preserves challenges to enhanced val...
Challenge-mechanism compliance clarifications permitted, while unilateral revised resolution plans may be refused under creditors' commercial discreti...
Import-policy amendments requiring an importer warehousing newsprint to be an RNI-registered Actual User operate prospectively from 3 June 2016 and do not invalidate earlier imports. Where the applicable customs exemption contains no RNI-registration or Actual User requirement, non-registration alone does not defeat the exemption. Customs should not independently characterise imports as contrary to the Foreign Trade Policy without a DGFT reference on the disputed policy interpretation. Confiscation and penalties for alleged clearance to dummy units require the Department first to establish foundational evidence of illicit import, improper clearance, or culpable conduct; rebutted procedural allegations and missing relied-upon material cannot support those consequences.
Import-policy amendments requiring an importer warehousing newsprint to be an RNI-registered Actual User operate prospectively from 3 June 2016 and do not invalidate earlier imports. Where the applicable customs exemption contains no RNI-registration or Actual User requirement, non-registration alone does not defeat the exemption. Customs should not independently characterise imports as contrary to the Foreign Trade Policy without a DGFT reference on the disputed policy interpretation. Confiscation and penalties for alleged clearance to dummy units require the Department first to establish foundational evidence of illicit import, improper clearance, or culpable conduct; rebutted procedural allegations and missing relied-upon material cannot support those consequences.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
