Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Expiry of the period for issuing a show-cause notice precluded further departmental proceedings concerning detained gold articles, as additional action would prolong the matter and cause undue harassment. The recorded collective weight of the gold bangle and chain in the release order was corrected. Release remained subject to payment of applicable customs duty and warehousing charges, but those charges were limited to the period ending on the original release order. Release also remained subject to any order passed in a pending Supreme Court SLP.
Expiry of the period for issuing a show-cause notice precluded further departmental proceedings concerning detained gold articles, as additional action would prolong the matter and cause undue harassment. The recorded collective weight of the gold bangle and chain in the release order was corrected. Release remained subject to payment of applicable customs duty and warehousing charges, but those charges were limited to the period ending on the original release order. Release also remained subject to any order passed in a pending Supreme Court SLP.
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