No appeal would lie before the Hon’ble Supreme Court on factual findings of the Tribunal

No appeal would lie before the Hon’ble Supreme Court on factual findings of the Tribunal https://www.taxtmi.com/article/detailed?id=6005 The Tribunal found the advances to be commercial, not creating mutuality of interest, and held that holding-subsidiary relationships did not exist; therefore Rules 9 and 10(b) of the Valuation Rules did not apply and value was determined by best-judgment akin to captive consumption. The Apex court held that because these conclusions were based on facts and circumstances, no appeal lies against the Tribunal's factual findings. en-us Tue, 13 Jan 2015 07:52:06 +0530 Tue, 13 Jan 2015 07:52:06 +0530 TaxTMI RSS Generator No appeal would lie before the Hon’ble Supreme Court on factual findings of the Tribunal https://www.taxtmi.com/article/detailed?id=6005 The Tribunal found the advances to be commercial, not creating mutuality of interest, and held that holding-subsidiary relationships did not exist; therefore Rules 9 and 10(b) of the Valuation Rules did not apply and value was determined by best-judgment akin to captive consumption. The Apex court held that because these conclusions were based on facts and circumstances, no appeal lies against the Tribunal's factual findings. Articles Central Excise Tue, 13 Jan 2015 07:52:06 +0530 https://www.taxtmi.com/article/detailed?id=6005