https://www.taxtmi.com/caselaws?id=785290 Challenge to an income-tax assessment founded on third-party CBEC import data: the article emphasises that relying solely on aggregate import figures without furnishing the breakup or underlying import bills to the assessee violated principles of natural justice, vitiating the addition under the Act; accordingly the assessment demand is unsustainable and the matter is remanded for fresh consideration after full disclosure. The note further observes that the purchases had been examined under transfer pricing and found at arm's length, which undercuts reliance on unexplained CBEC aggregates as standalone material for additions. en-us Tue, 13 Jan 2026 00:00:00 +0530 Wed, 21 Jan 2026 08:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785290 Challenge to an income-tax assessment founded on third-party CBEC import data: the article emphasises that relying solely on aggregate import figures without furnishing the breakup or underlying import bills to the assessee violated principles of natural justice, vitiating the addition under the Act; accordingly the assessment demand is unsustainable and the matter is remanded for fresh consideration after full disclosure. The note further observes that the purchases had been examined under transfer pricing and found at arm's length, which undercuts reliance on unexplained CBEC aggregates as standalone material for additions. Case-Laws Income Tax Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785290