Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Section 54 construction relief survives pre-transfer commencement when completion occurs within the statutory period, excluding ineligible spouse-owne...
Customs duty exemptions apply according to the notification in force when Bills of Entry are filed. Carbon Less Paper Black Image classifiable under CTH 48099000 was not covered after Notification No. 46/2011-Cus. ceased to operate, while Notification No. 127/2011-Cus. extended the effective rate only to CTH 470790. Notification No. 35/2013-Cus. took effect prospectively upon Gazette publication and did not restore concessional duty for earlier imports; the exemption claim therefore failed. Claiming exemption under a superseded notification supported invocation of the extended limitation period for duty recovery, as importers are presumed to know applicable amendments.
Customs duty exemptions apply according to the notification in force when Bills of Entry are filed. Carbon Less Paper Black Image classifiable under CTH 48099000 was not covered after Notification No. 46/2011-Cus. ceased to operate, while Notification No. 127/2011-Cus. extended the effective rate only to CTH 470790. Notification No. 35/2013-Cus. took effect prospectively upon Gazette publication and did not restore concessional duty for earlier imports; the exemption claim therefore failed. Claiming exemption under a superseded notification supported invocation of the extended limitation period for duty recovery, as importers are presumed to know applicable amendments.
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