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...
Deduction u/s. 80P(2)(a)(i) - interest income earned on its investments amount made with District co-operative banks - The Tribunal upheld the decision of the lower authorities, stating that the interest income from investments with KDCC Bank did not qualify as operational income attributable to the main business of the assessee. Relying on precedents and the nature of the income, the Tribunal affirmed the denial of deduction u/s 80P(2)(a)(i) of the Act.
Deduction u/s. 80P(2)(a)(i) - interest income earned on its investments amount made with District co-operative banks - The Tribunal upheld the decision of the lower authorities, stating that the interest income from investments with KDCC Bank did not qualify as operational income attributable to the main business of the assessee. Relying on precedents and the nature of the income, the Tribunal affirmed the denial of deduction u/s 80P(2)(a)(i) of the Act.
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