Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
The High Court held that seized gold ornaments must be returned forthwith as the Revenue failed to comply with Section 124 of the Act, which requires issuance of a show cause notice before confiscation. The petition was allowed, directing the Revenue to release the seized item to the petitioner immediately. The petitioner expressed desire to re-export the item, which shall be considered upon application in accordance with law.
The High Court held that seized gold ornaments must be returned forthwith as the Revenue failed to comply with Section 124 of the Act, which requires issuance of a show cause notice before confiscation. The petition was allowed, directing the Revenue to release the seized item to the petitioner immediately. The petitioner expressed desire to re-export the item, which shall be considered upon application in accordance with law.
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