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...
The Appellate Tribunal dismissed the appeal u/s 249(4)(b) due to non-payment of advance tax. The assessee did not respond to the notice u/s 142(1) to clarify tax payment. The Tribunal referenced section 234B(1) for interest calculation on advance tax, based on assessed tax. However, the Tribunal interpreted "advance tax payable by him" in section 249(4)(b) as tax due on admitted income, not assessed tax. The assessee had paid tax via TCS on admitted income, eliminating further advance tax liability. The Tribunal set aside the dismissal, remanding for merits consideration. The assessee must respond to further notices promptly. The appeal was allowed for statistical purposes.
The Appellate Tribunal dismissed the appeal u/s 249(4)(b) due to non-payment of advance tax. The assessee did not respond to the notice u/s 142(1) to clarify tax payment. The Tribunal referenced section 234B(1) for interest calculation on advance tax, based on assessed tax. However, the Tribunal interpreted "advance tax payable by him" in section 249(4)(b) as tax due on admitted income, not assessed tax. The assessee had paid tax via TCS on admitted income, eliminating further advance tax liability. The Tribunal set aside the dismissal, remanding for merits consideration. The assessee must respond to further notices promptly. The appeal was allowed for statistical purposes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
