Delhi HC quashed a block assessment under Section 158BC, holding Section 143(2) notice was mandatory and post-search material could not sustain the assessment.
CESTAT Mumbai set aside denial of preferential duty on Thai gold jewellery imports, holding that valid Certificates of Origin could not be discarded without following the prescribed verification mechanism.
CESTAT Ahmedabad held that AIFTA exemption on cocoa powder imported from Malaysia could not be denied solely on the basis of a CBEC letter without verifying the Certificate of Origin through the prescribed procedure.
CESTAT Ahmedabad set aside the customs duty demand denying AIFTA benefits on imported alkalised cocoa powder, holding that the extended limitation period under Section 28(4) was not invocable and the demand was time-barred.
CESTAT Chennai set aside customs duty demands, confiscation, redemption fine and penalties after holding that the Department failed to establish undervaluation of imported silk through admissible evidence and in accordance with the Customs Valuation Rules.
ITAT Mumbai upheld denial of final registration under Sections 12AB and 80G, holding that an object permitting support to organisations outside India was inconsistent with statutory requirements at the stage of conversion from provisional to final registration.
ITAT Ahmedabad upheld the denial of Section 12AB registration to a trust created after 1 April 2021, holding that its objects were intended for the benefit of a particular community and attracted the specified violation under the amended provisions.
ITAT Lucknow held that cash deposits from recorded sales during demonetisation could not be taxed under Section 68 where books and stock records were accepted, and also deleted the CIT(A)s 20% premium addition.
ITAT Lucknow held that cash deposits during demonetisation arising from recorded sales and debtor realisations could not be taxed under Section 68 where books of account were accepted and no defects were found.
ITAT Chennai dismissed the Revenues appeal, holding that cash deposits from recorded jewellery sales during demonetisation could not be taxed under Section 69A where books, stock records and statutory records supported the transactions.
