https://www.taxtmi.com/caselaws?id=420417 The Tribunal overturned the confirmed demand for undervaluation and penalties, remanding the matter for a fresh adjudication. It found a breach of natural justice principles due to the lack of independent assessment in the adjudication order and the denial of cross-examination. The Tribunal directed the adjudicating authority to allow cross-examination, provide detailed findings on the defense, and issue a new order in accordance with the law. The appeals were allowed through remand, emphasizing the significance of upholding natural justice principles and conducting a thorough assessment of evidence. en-us Thu, 03 Mar 2022 00:00:00 +0530 Sat, 02 Apr 2022 08:34:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420417 The Tribunal overturned the confirmed demand for undervaluation and penalties, remanding the matter for a fresh adjudication. It found a breach of natural justice principles due to the lack of independent assessment in the adjudication order and the denial of cross-examination. The Tribunal directed the adjudicating authority to allow cross-examination, provide detailed findings on the defense, and issue a new order in accordance with the law. The appeals were allowed through remand, emphasizing the significance of upholding natural justice principles and conducting a thorough assessment of evidence. Case-Laws Customs Thu, 03 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420417