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/sec. 56(2)(vii) - Difference in value of agricultural land purchased from value of property for stamp duty purpose - The Tribunal examined the discrepancy in valuation and noted that it was within the statutory tolerance margin of 10%. Referring to relevant case law, the Tribunal held that the tolerance margin applied retrospectively, thereby deleting the additions made under section 56(2)(vii).
Addition u/sec. 56(2)(vii) - Difference in value of agricultural land purchased from value of property for stamp duty purpose - The Tribunal examined the discrepancy in valuation and noted that it was within the statutory tolerance margin of 10%. Referring to relevant case law, the Tribunal held that the tolerance margin applied retrospectively, thereby deleting the additions made under section 56(2)(vii).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
