Maintainability of an appeal against disposal of a SCORES complaint was examined where the appellant sought monetary compensation and regulatory action. The Tribunal treated the monetary claim as a civil dispute outside its jurisdiction and indicated that remedies available through the SCORES mechanism should be pursued where applicable. The Supreme Court found no basis to interfere, dismissed the appeal while preserving any other remedies available in law, and dismissed the review petition because no grounds for review were established.

Import value re-determination must comply with the Customs Valuation Rules, 2007 and rely on comparable contemporaneous imports rather than departmental internal instructions or the highest available value. Comparable lower-value imports require consideration, with the lowest value of similar contemporaneous goods forming the basis for reassessment. Excess quantity and minor thickness variations may attract confiscation where examination identifies a contravention. However, where test results substantially match the declared GSM range and no intent to evade duty is established, redemption fine and penalty should be proportionate to the limited infraction and recalculated using the re-determined assessable value.

Separately imported laptop LCD display panels lacking video-signal converting components fall under heading 8524 as flat panel display modules, rather than the general heading for computer parts. Classification follows the General Rules for Interpretation, the heading terms and Chapter Notes. Chapter Note 7 gives heading 8524 precedence where a display module has a screen but no scaler ICs, decoder ICs or application processors. Presentation as replacement laptop screens does not displace this specific classification. Such panels attract basic customs duty at 15%, and classification under tariff item 84733099 is incorrect.

Classification of imported kitchen exhaust hoods depends on the factual determination whether the hoods incorporate fans. Additional material bearing on that question had not been considered because it was sent to an incorrect email address. The Authority must consider that material and make a fresh determination on whether the imported hoods contain fans, which will govern their classification.

Customs-seized goods remain governed by the special seizure, provisional-release and adjudication framework under the Customs Act, 1962. Sections 110 and 110A regulate seizure and provisional release pending adjudication, while confiscation and penalties fall within the jurisdiction of designated customs officers under Sections 122 and 122A. Where no prior prosecution sanction under Section 137 has been recorded and no criminal court has taken cognizance of a Customs offence, a regular criminal court cannot use its general power under the Bharatiya Nagarik Suraksha Sanhita, 2023 to grant interim custody of the seized goods. Interim release must therefore proceed under the Customs Act mechanism.

Common adjudication of multiple customs show-cause notices may be declined despite a common investigation where the notices concern distinct subject matters and some have already been adjudicated. Pendency of proceedings seeking common adjudication does not invalidate parallel adjudication unless an order expressly stays or restrains it. Although an alternative statutory remedy does not absolutely bar writ jurisdiction, challenges involving service, hearing, consideration of replies, limitation, and other record-dependent disputed facts should ordinarily proceed through the statutory appellate forum. Merits of valuation, duty, penalty, limitation, and natural-justice objections remain open before that forum.

Importers authorising customs-clearance agents to use transferable duty-credit scrips remain responsible for duty benefits obtained through manipulated credits when they fail to verify the scrips' source, validity and available balance. Agency acts within authority are attributable to the importer, while bona fide purchaser protection requires good faith and reasonable care; excess electronic credit cannot be transferred beyond the entitlement originally issued. Non-production of original scrips or denial of cross-examination does not breach natural justice where independent electronic and official records establish the facts and no actual prejudice is shown. Penalty for duty short-levy through fraud or suppression may apply despite lack of personal involvement in manipulation, but a separate penalty is excluded where the statutory penalty regime prohibits duplication.

Commission receipts cannot be offered under the presumptive taxation scheme unless the activity qualifies as a profession specified for that scheme. Where commission income is assessed as income from other sources, only the net amount is taxable after deduction of reasonable expenditure incurred to earn it; the expenditure claim requires verification of its quantum and supporting evidence. Cash gifts received from a sister fall within the exclusion for gifts from a relative where the relationship and receipt are supported by confirmation, tax identification details and bank records. Accordingly, presumptive treatment remains unavailable, the sibling gift is excluded from taxable income, and commission income must be recomputed after verifying allowable expenditure.

Inventory impairment for unused biomass and coal may be recognised where prolonged open-yard storage causes deterioration in quality, calorific value and marketability. Valuation at cost or net realisable value, whichever is lower, can support a consistently applied reduction that reasonably reflects diminished inventory value and aligns with Ind AS 2 and ICDS II. Where an under-reporting penalty is based solely on a disallowed impairment claim, deletion of the underlying quantum addition removes the basis for the penalty. The assessed loss must consequently be recomputed after allowing the impairment claim.

Interest awarded under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsory acquisition of agricultural land is treated as an accretion to land value and an integral component of enhanced compensation. It differs from interest for delayed payment under section 34, which has a separate character. Statutory provisions governing taxation of compensation interest determine the timing of taxability but do not change the character of section 28 interest. Consequently, such interest is not taxable as income from other sources and qualifies for the exemption applicable to enhanced compensation.

Office premises acquired and fully paid for before the end of the relevant year form part of the depreciable block of assets for Section 50 computation, even if physical possession was not obtained and the premises were not used for business during that year. Acquisition, rather than possession or actual use, governs inclusion in the block. Actual business use is relevant to depreciation entitlement but not to whether an acquired asset enters the block for capital-gains computation. Tax liability requires recomputation on this basis in favour of the assessee.

Penalty for concealment under Section 271(1)(c) is not leviable where the tax sought to be evaded is nil. Although Explanation 3 may deem delayed non-filing of a return to constitute concealment in specified circumstances, Explanation 4(c) requires computation after reducing advance tax, tax deducted or collected at source, and self-assessment tax paid before issuance of a reassessment notice. Where the reassessment return is accepted without variation and the entire tax liability was paid before the notice, no tax remains sought to be evaded; consequently, the penalty is deleted.

Compulsorily convertible debentures remain debt instruments until conversion for transfer-pricing purposes. Chapter X requires benchmarking of the transaction actually undertaken, and a valid borrowing cannot be re-characterised as equity merely because conversion is compulsory or because of regulatory or accounting classifications. Interest therefore cannot be assigned a nil arm's length price on that basis; the CUP analysis and any Rule 10B comparability adjustments require examination on their merits. Bad-debt deduction is available where trade receivables are actually written off and the statutory conditions are met. Continuing dealings with debtors, or the absence of recovery action, does not by itself disprove a bona fide write-off.

Foreign Tax Credit arises substantively under Section 90 and applicable double-taxation avoidance arrangements, while Rule 128 governs the procedural documentation for claiming it. Delayed furnishing of Form No. 67 does not itself forfeit credit because Rule 128(9) prescribes no consequence of denial for late filing. Where foreign income is taxed in India, foreign tax has been paid, and Form No. 67 with supporting evidence is furnished, procedural delay should not defeat relief and cause double taxation. The condonation mechanism does not limit appellate relief where substantive conditions are satisfied. Credit must be examined on merits, including verification of foreign-tax payment and absence of a foreign refund.

Under TNMM, material economic differences between a first-year tested party and established comparables require reasonably quantifiable adjustments. Underutilised capacity may be adjusted using average available capacity data from final comparables, and pre-commencement expenditure unrelated to benchmarked international transactions should be excluded from operating cost. Working-capital adjustment may be computed from publicly available opening and closing balances without unavailable intra-year or trade/non-trade data. Comparable companies are not persistently loss-making if profitable in one of the three relevant years. The applicable tolerance band must be applied after revised benchmarking, deleting any adjustment within that range. Abnormal packing cost remains operating cost unless shown unrecoverable. UPS is functionally part of a computer system for depreciation purposes.

Aircraft-rental income under Article 8(1) of the India-Ireland DTAA is taxable only in Ireland where aircraft are operated in international traffic and the foreign lessor has no fixed place permanent establishment in India. The Multilateral Instrument cannot deny treaty benefits without specific notification under section 90(1), and bona fide commercially supported operating leases do not fail the Principal Purpose Test. Aircraft redelivery and the lessor's retention of ownership risks support operating-lease characterisation. A leased aircraft is not at the lessor's disposal where the lessor lacks personnel, infrastructure, and operational control in India. Domestic tax provisions yield to Article 8(1), requiring deletion of additions on qualifying lease rentals.

Unexplained investment may be assessed only in the hands of the actual investor, unless positive evidence establishes that another person supplied the funds. Association with purchasers, facilitation of bookings or a common group description does not by itself establish the required evidentiary nexus for on-money attributable to separately identifiable agreement-holders. Material recovered during a coordinated search may be used in an assessment of a person independently searched without separate other-person proceedings where jurisdiction for the search assessment exists and the material directly relates to that person. Electronic chats recovered from the person's mobile device may be relied on, but additions require rational, consistent quantification and supporting evidence; unsubstantiated turnover or profit-only claims do not displace the addition.

Advertisement, marketing and promotion expenditure incurred for an assessee's own business is not an international transaction merely because an associated enterprise receives an incidental brand-related benefit. A transfer-pricing adjustment requires evidence of an agreement, arrangement or understanding obliging the assessee to incur expenditure for the associated enterprise's brand promotion. In the absence of such evidence or a material factual change from earlier years, the bright line test cannot be used either to infer an international transaction or to compute an adjustment. The proposed adjustment was therefore impermissible and the addition was deleted.

Matched accommodation purchase-and-sale entries recorded on a one-to-one quantitative basis in unrejected books do not justify a further ad hoc gross-profit addition where the disclosed transaction profit has already been taxed. Additional profit estimation requires support such as rejected books, quantitative discrepancies, undisclosed procurement, or evidence of indirect-tax benefit. A gross-profit rate derived from manufacturing activity, involving value addition and overheads, cannot be applied to trading or accommodation transactions merely to estimate further income. Where corresponding sales are recorded and no unaccounted purchases or undisclosed sources are established, the trading margin disclosed remains the relevant basis.

Portfolio management service charges incurred in relation to the transfer of securities may be deducted in computing capital gains where divergent reasonable Tribunal views exist and no binding High Court or Supreme Court ruling directly resolves the issue. The favourable construction of the taxing provision applies in such circumstances, resulting in allowance of the charges as capital-gains expenditure.