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...
Disallowance of bonus paid to directors u/s 36(1)(ii) - assessee paid a bonus in addition to the remuneration to two of its directors - The revenue contended that bonus payment was a tax avoidance scheme. The tribunal analyzed the law and precedent, ruling in favor of the appellant, citing legitimate compensation grounds. The conversion of limited scrutiny and penalty initiation were considered premature and thus not upheld.
Disallowance of bonus paid to directors u/s 36(1)(ii) - assessee paid a bonus in addition to the remuneration to two of its directors - The revenue contended that bonus payment was a tax avoidance scheme. The tribunal analyzed the law and precedent, ruling in favor of the appellant, citing legitimate compensation grounds. The conversion of limited scrutiny and penalty initiation were considered premature and thus not upheld.
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