Penalty under section 271(1)(c) deleted where income was disclosed in section 153A returns and remaining additions were only estimated or computationa...
Redemption fine and reduced penalties were left undisturbed, and confiscated goods were ordered released for re-export with the amount already deposited set off against the fine and penalties. The pending compounding application was also directed to be decided expeditiously. No further interference was made with the Tribunal's order.
Redemption fine and reduced penalties were left undisturbed, and confiscated goods were ordered released for re-export with the amount already deposited set off against the fine and penalties. The pending compounding application was also directed to be decided expeditiously. No further interference was made with the Tribunal's order.
Note: It is a system-generated summary and is for quick reference only.