https://www.taxtmi.com/highlights?id=61770 Valuation - related party transaction - mutuality of interest - once the adjudicating authority found that the mutuality of interest is not relevant to the instant case, the only conclusion ought to be dropping the SCNs. However, the adjudicating authority went beyond the scope of SCN and made observations which were never alleged in the SCN and have been proved to be incorrect by the Ld. Counsel for the appellant. Such approach of the adjudicating authority of travelling beyond the scope of SCN is legally untenable and held to be a violation of natural justice. - AT en-us Thu, 03 Feb 2022 08:03:51 +0530 Thu, 03 Feb 2022 08:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61770 Valuation - related party transaction - mutuality of interest - once the adjudicating authority found that the mutuality of interest is not relevant to the instant case, the only conclusion ought to be dropping the SCNs. However, the adjudicating authority went beyond the scope of SCN and made observations which were never alleged in the SCN and have been proved to be incorrect by the Ld. Counsel for the appellant. Such approach of the adjudicating authority of travelling beyond the scope of SCN is legally untenable and held to be a violation of natural justice. - AT Highlights Central Excise Thu, 03 Feb 2022 08:03:51 +0530 https://www.taxtmi.com/highlights?id=61770