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...
Revocation of Customs Broker License - The Adjudicating Authority without any material has observed that the Customs Broker played an active role in the scheme devised by various unscrupulous importers to defraud the Revenue by evading the customs duty - There is no material, even remotely suggest that he was privy to the actual activity of facilitating the import. - Order of revocation set aside - However, forfeiture of the security deposit and penalty of Rs. 50,000/- maintained - AT
Revocation of Customs Broker License - The Adjudicating Authority without any material has observed that the Customs Broker played an active role in the scheme devised by various unscrupulous importers to defraud the Revenue by evading the customs duty - There is no material, even remotely suggest that he was privy to the actual activity of facilitating the import. - Order of revocation set aside - However, forfeiture of the security deposit and penalty of Rs. 50,000/- maintained - AT
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