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...
Assessee society's activities allowed as eligible for deduction u/s 10(23C)(vi) for previous assessment years. AO denied exemption u/s 11, alleging profits from publication business and advances to sister concern/universities. Supreme Court in New Noble Educational Society case held that disproportionate surpluses/profits should not be given weight if incidental to main educational activities. Matter remanded to AO to re-examine issue after giving opportunity of hearing to assessee, who shall furnish evidence proving activities are not commercial in nature and interlinked with imparting education. Assessee can file requisite documents.
Assessee society's activities allowed as eligible for deduction u/s 10(23C)(vi) for previous assessment years. AO denied exemption u/s 11, alleging profits from publication business and advances to sister concern/universities. Supreme Court in New Noble Educational Society case held that disproportionate surpluses/profits should not be given weight if incidental to main educational activities. Matter remanded to AO to re-examine issue after giving opportunity of hearing to assessee, who shall furnish evidence proving activities are not commercial in nature and interlinked with imparting education. Assessee can file requisite documents.
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