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...
Section 260-A permits a High Court appeal only where a substantial question of law arises; it does not allow reappreciation of evidence or replacement of concurrent factual findings. Concurrent findings that road and infrastructure works qualified the assessee as a developer eligible for deduction under section 80-IA(4) were based on the record, with no perversity or erroneous legal test shown. Reliance on a previously confirmed Tribunal order and dismissal of a similar appeal for another assessment year did not create a substantial question of law. The Department's appeal was dismissed.
Section 260-A permits a High Court appeal only where a substantial question of law arises; it does not allow reappreciation of evidence or replacement of concurrent factual findings. Concurrent findings that road and infrastructure works qualified the assessee as a developer eligible for deduction under section 80-IA(4) were based on the record, with no perversity or erroneous legal test shown. Reliance on a previously confirmed Tribunal order and dismissal of a similar appeal for another assessment year did not create a substantial question of law. The Department's appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4913 
