Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
Leave encashment exemption for a non-Government employee under section 10(10AA) was held to be computable on the basis of the revised CBDT ceiling applicable for AY 2020-21. Following its earlier decision and co-ordinate Bench rulings, the ITAT accepted that the enhanced limit applied, so the restriction made by the lower authorities to the earlier ceiling could not stand. The matter was remanded only for recomputation of the admissible exemption on the revised ceiling, with consequential deletion of the addition to that extent.
Leave encashment exemption for a non-Government employee under section 10(10AA) was held to be computable on the basis of the revised CBDT ceiling applicable for AY 2020-21. Following its earlier decision and co-ordinate Bench rulings, the ITAT accepted that the enhanced limit applied, so the restriction made by the lower authorities to the earlier ceiling could not stand. The matter was remanded only for recomputation of the admissible exemption on the revised ceiling, with consequential deletion of the addition to that extent.
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