Just a moment...

⚠✕
Report
FeedbackReport
Welcome to TaxTMI ✕

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error ✕
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search ✕
  1. Put words in double quotes for exact word search, eg: "income tax"
  2. Avoid noise words such as : 'and, of, the, a'
  3. Sort by Relevance to get the most relevant document.
  4. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    5. Text Search
  5. The system will try to fetch results that contains ALL your words.
  6. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    7. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
0 /50 characters
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
Expand ❯❯
Close ✕
Filter in All Highlights ❯
    June 19, 2025 Notifications DGFT
    DGFT restricts imports of colloidal precious metals and compounds under CTH 2843, changing policy from free to restricted
    June 19, 2025 Notifications DGFT
    DGFT amends import policy for precious metals under Chapter 71, restricting gold-containing alloys while maintaining free imports for pure forms
    June 19, 2025 Circulars Customs
    Ministry mandates compliance with Indian Standards for steel input materials under Quality Control Order 2024 effective June 2025
    June 19, 2025 Circulars Companies Law
    MCA allows separate CSR-2 filing on V3 portal after V2 decommissioning under Rule 12(1B) amendment
    June 19, 2025 Circulars Companies Law
    MCA grants fee relaxation for thirteen e-forms during portal transition from Version 2 to Version 3
    June 19, 2025 Circulars DGFT
    DGFT allocates 25,000 MT pharma grade sugar export quota under Trade Notice 06/2025-26
    June 19, 2025 Case Laws GST
    Assessment order quashed for denying personal hearing despite show cause notice on GST Portal requiring alternative service under Section 169
    June 19, 2025 Case Laws GST
    AAAR order on GST computation for refurbished car sales partly upheld with certain observations expunged
    June 19, 2025 Case Laws GST
    Bank accounts automatically de-frozen after GST appeal filed under Section 107 stays enforcement order
    June 19, 2025 Case Laws GST
    Recovery from Electronic Credit Ledger without following Section 78 three-month waiting period ruled illegal and arbitrary
    June 19, 2025 Case Laws GST
    Assignment of government-allotted leasehold rights in immovable property exempt from GST liability
    June 19, 2025 Case Laws Income Tax
    Assessment orders issued beyond Section 144C(13) time limits are invalid and void, Assessing Officer must follow statutory timelines
    June 19, 2025 Case Laws Income Tax
    Depreciation allowed on unused machinery kept ready for production when non-use due to circumstances beyond assessee's control under Section 32
    June 19, 2025 Case Laws Income Tax
    Employee wins Nil Tax Deduction Certificate for Flipkart stock compensation under Section 197
    June 19, 2025 Case Laws Income Tax
    NRI petitioner wins TDS refund case despite delayed ITR filing due to Covid travel restrictions under Section 119(2)(b)
    June 19, 2025 Case Laws Income Tax
    Penalty order under Section 271AA(1) quashed for violating natural justice when different officers conducted hearing and passed order
    June 19, 2025 Case Laws Income Tax
    Advance written-off as bad debt allowed as business loss under Section 37(1) despite initial disallowance
    June 19, 2025 Case Laws Income Tax
    Section 80IA(10) deduction allowed as transfer pricing adjustment invalid without proving arrangement between eligible unit and associated enterprise
    June 19, 2025 Case Laws Income Tax
    Transfer pricing adjustment on Global Client Management Fee deleted, Section 14A disallowance remanded for fresh consideration
    June 19, 2025 Case Laws Income Tax
    ITAT rules dividends to tax-immune international entities under Section 9 must be excluded from DDT computation under Section 115-O
❮

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Back

All Highlights

Showing Results for : Law : AllReset Filters
Kindly select a record to view
Show Listing
Case ID :
Customs

Undervaluation of imports - payment of differential amounts to...

Import Undervaluation Claims Dismissed: Insufficient Evidence from Department After Retraction of Statements in Hawala Case.

📋
Contents
Note

Note

Note

Bookmark

Note

More

PrintDownload

Print Options

CustomsApril 4, 2020Case LawsAT

Undervaluation of imports - payment of differential amounts to foreign buyers through Hawala - Once, the statements have been retracted, the onus lies on the Department to prove that the statements are correct. The same has not been discharged - further, other than statements, no evidence documentary or otherwise has been put forth by the Revenue to substantiate the allegation of under-valuation. No samples were drawn and no enquires were made. - Demand set aside.

View Source View

You may also like:

Topics

ActsIncome Tax
Next ➔