Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
Additions on account of profit on the sale of machinery of a closed-down unit. - The court held that reducing the block assets by the amount representing the sale of some assets was in accordance with Section 43(6)(c)(i)(B) of the Income Tax Act, 1961. Therefore, the deductions were allowed, and these questions were answered in favor of the assessee and against the revenue. - HC
Additions on account of profit on the sale of machinery of a closed-down unit. - The court held that reducing the block assets by the amount representing the sale of some assets was in accordance with Section 43(6)(c)(i)(B) of the Income Tax Act, 1961. Therefore, the deductions were allowed, and these questions were answered in favor of the assessee and against the revenue. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
