https://www.taxtmi.com/caselaws?id=785343 Admissibility of statements recorded during statutory examinations was examined: statements relied on by the adjudicator were retracted and there was no evidence of required onsite preservation (panchnama), therefore such statements could not be treated as reliable and were inadmissible. Admissibility of electronic records and computer printouts was considered: in the absence of a statutory certificate authenticating electronic evidence, printouts of emails could not be admitted as proof of undervaluation and could not support re-determination of transaction value. Consequent to these findings, the reassessment of declared value and imposition of penalties based on those materials were set aside and the appeals allowed. en-us Tue, 20 Jan 2026 00:00:00 +0530 Thu, 22 Jan 2026 08:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785343 Admissibility of statements recorded during statutory examinations was examined: statements relied on by the adjudicator were retracted and there was no evidence of required onsite preservation (panchnama), therefore such statements could not be treated as reliable and were inadmissible. Admissibility of electronic records and computer printouts was considered: in the absence of a statutory certificate authenticating electronic evidence, printouts of emails could not be admitted as proof of undervaluation and could not support re-determination of transaction value. Consequent to these findings, the reassessment of declared value and imposition of penalties based on those materials were set aside and the appeals allowed. Case-Laws Customs Tue, 20 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785343