Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
Revocation of CHA License - a bonafide belief for the impugned goods to be assorted birthday candles simplicitor whereas as per CFSL report it is firework - the goods are such that a small part thereof contains such chemical as are required to manufacture fireworks, in view of the principle of common parlance same cannot be hold as fireworks - no reason appears for the cancellation of appellant’s CHA license
Revocation of CHA License - a bonafide belief for the impugned goods to be assorted birthday candles simplicitor whereas as per CFSL report it is firework - the goods are such that a small part thereof contains such chemical as are required to manufacture fireworks, in view of the principle of common parlance same cannot be hold as fireworks - no reason appears for the cancellation of appellant’s CHA license
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