Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
CISF airport security screening and preventive checks may extend to city-side airport areas during heightened security alerts. The article notes that interception of a passenger after customs clearance, based on suspicion concerning commercial quantities of goods, was treated as a security-profiling measure rather than an exercise of customs-enforcement power. It further states that CISF secured the goods and handed them to police and Customs, while competent Customs officers conducted the seizure through a panchanama with independent witnesses and stated search safeguards. On this account, the subsequent customs seizure was not considered vitiated by the prior CISF interception, and the writ petition was dismissed.
CISF airport security screening and preventive checks may extend to city-side airport areas during heightened security alerts. The article notes that interception of a passenger after customs clearance, based on suspicion concerning commercial quantities of goods, was treated as a security-profiling measure rather than an exercise of customs-enforcement power. It further states that CISF secured the goods and handed them to police and Customs, while competent Customs officers conducted the seizure through a panchanama with independent witnesses and stated search safeguards. On this account, the subsequent customs seizure was not considered vitiated by the prior CISF interception, and the writ petition was dismissed.
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