Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
Freezing of a bank account under section 110(5) of the Customs Act may initially continue for six months and be extended once for a further six months only on recorded written reasons. Issuance of a show-cause notice does not preserve investigating authorities' power to continue the freeze beyond the statutory maximum of twelve months. As the maximum period had expired, the High Court found a prima facie basis for de-freezing and directed the bank to de-freeze the account forthwith.
Freezing of a bank account under section 110(5) of the Customs Act may initially continue for six months and be extended once for a further six months only on recorded written reasons. Issuance of a show-cause notice does not preserve investigating authorities' power to continue the freeze beyond the statutory maximum of twelve months. As the maximum period had expired, the High Court found a prima facie basis for de-freezing and directed the bank to de-freeze the account forthwith.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
