Advance pricing agreement methodology can guide benchmarking for non-covered years when functions, assets, risks and activities remain materially unch...
Tax-audit exemption for substantially State-funded educational universities prevents audit-failure penalties where income qualifies for statutory exem...
Functional, asset and risk analysis excludes diversified technology companies from captive software development comparables under cost-plus arrangemen...
Mobile-phone electronic evidence failed to establish customs undervaluation, while duty survived on non-authentic origin certificates without importer...
Automotive radio classification treats integrated infotainment features as supplementary, placing complete and qualifying unassembled units under the ...
Separate corporate personality prevents directors from being personally liable for company deposits without a guarantee or independent legal undertaki...
Effective opportunity of hearing in confiscation proceedings requires the adjudicating authority to allow the full period granted for a written response. Issuing a notice, directing appearance on the same day, and passing a final confiscation order before expiry of that period makes the opportunity illusory and breaches natural justice. Payment to secure release of detained goods or conveyance does not amount to acquiescence, admission, or waiver of the right to submit a reply and obtain a personal hearing. The confiscation, consequential summary, and appellate orders were set aside, with fresh adjudication directed after permitting a supported written reply and personal hearing.
Effective opportunity of hearing in confiscation proceedings requires the adjudicating authority to allow the full period granted for a written response. Issuing a notice, directing appearance on the same day, and passing a final confiscation order before expiry of that period makes the opportunity illusory and breaches natural justice. Payment to secure release of detained goods or conveyance does not amount to acquiescence, admission, or waiver of the right to submit a reply and obtain a personal hearing. The confiscation, consequential summary, and appellate orders were set aside, with fresh adjudication directed after permitting a supported written reply and personal hearing.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4908 
