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...
Transfer of property deemed as short-term capital gain due to holding period less than 36 months, disallowing deduction u/s 54F. Additions for difference in commission payment and closing balances of parties deleted as TDS deducted and reasons for difference found reasonable. Cash freight payment disallowed u/s 40A(3). Additions for sales tax payment, penalty, and difference in sales tax turnover upheld. Cash deposits treated as unexplained credits u/s 68 due to lack of evidence regarding source and creditworthiness of parties. Partly allowed assessee's appeal.
Transfer of property deemed as short-term capital gain due to holding period less than 36 months, disallowing deduction u/s 54F. Additions for difference in commission payment and closing balances of parties deleted as TDS deducted and reasons for difference found reasonable. Cash freight payment disallowed u/s 40A(3). Additions for sales tax payment, penalty, and difference in sales tax turnover upheld. Cash deposits treated as unexplained credits u/s 68 due to lack of evidence regarding source and creditworthiness of parties. Partly allowed assessee's appeal.
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