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...
The Customs Trade Notice No. 13/2024 addresses the issue of non-realization of export proceeds by certain entities listed as defaulters. These entities have been served with Demand cum Show Cause Notices (SCNs) for availing ineligible drawback, along with applicable interest and penalties. - By initiating adjudication proceedings and providing multiple opportunities for Personal Hearings, the authorities ensure due process and fair treatment for the accused entities.
The Customs Trade Notice No. 13/2024 addresses the issue of non-realization of export proceeds by certain entities listed as defaulters. These entities have been served with Demand cum Show Cause Notices (SCNs) for availing ineligible drawback, along with applicable interest and penalties. - By initiating adjudication proceedings and providing multiple opportunities for Personal Hearings, the authorities ensure due process and fair treatment for the accused entities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4788
Join Channel
TaxTMI 
