Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
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.