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...
Addition u/s 43CA - difference in the value of sale consideration of the of property as shown by the assessee and value adopted by the Sub-Registrar for stamp duty purposes - ITAT held that Section 43CA, which mandates consideration of stamp duty value for tax purposes, is applicable. However, given the agreement and most payments were made in 2008, and considering the provision of Section 43CA(3), the tribunal found that the addition made by the AO was not justifiable, since the provisions are not retrospective.
Addition u/s 43CA - difference in the value of sale consideration of the of property as shown by the assessee and value adopted by the Sub-Registrar for stamp duty purposes - ITAT held that Section 43CA, which mandates consideration of stamp duty value for tax purposes, is applicable. However, given the agreement and most payments were made in 2008, and considering the provision of Section 43CA(3), the tribunal found that the addition made by the AO was not justifiable, since the provisions are not retrospective.
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