Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
Accrual of interest - uncertainty - since the assessee was aware of the fact that it will not receive any income as interest, following conservative policy, did not recognize the interest income which is uncertain - no addition - AT
Accrual of interest - uncertainty - since the assessee was aware of the fact that it will not receive any income as interest, following conservative policy, did not recognize the interest income which is uncertain - no addition - AT
Note: It is a system-generated summary and is for quick reference only.