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...
Charitable entity u/s 2(15) denied exemption u/ss 11 and 12 by Assessing Officer (AO) on grounds of conducting exhibitions being commercial in nature. ITAT held no markup on consideration charged from exporters, thus activity beyond purview of trade, commerce, business or services related thereto. Assessee not hit by proviso to section 2(15) for conducting exhibitions within India or overseas. AO directed to grant exemption u/ss 11 and 12. Regarding disallowance u/s 11(2) for not specifying objects for accumulation in Form 10, CIT(A) relying on Gujarat High Court and Supreme Court orders held lack of declaration not fatal. Board resolution accumulating surplus for specified purposes u/s 11(2) perused. Claim for prior period expenditure allowed by CIT(A) as expenditure incurred towards trust objects, upheld by ITAT.
Charitable entity u/s 2(15) denied exemption u/ss 11 and 12 by Assessing Officer (AO) on grounds of conducting exhibitions being commercial in nature. ITAT held no markup on consideration charged from exporters, thus activity beyond purview of trade, commerce, business or services related thereto. Assessee not hit by proviso to section 2(15) for conducting exhibitions within India or overseas. AO directed to grant exemption u/ss 11 and 12. Regarding disallowance u/s 11(2) for not specifying objects for accumulation in Form 10, CIT(A) relying on Gujarat High Court and Supreme Court orders held lack of declaration not fatal. Board resolution accumulating surplus for specified purposes u/s 11(2) perused. Claim for prior period expenditure allowed by CIT(A) as expenditure incurred towards trust objects, upheld by ITAT.
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