Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
HC held that the detained gold jewellery, being personal effects worn by the passenger, is exempt from customs detention under applicable baggage rules. The customs department failed to issue a show cause notice within the prescribed statutory period of six months, with an additional six-month extension. Consequently, the detention is deemed impermissible, and the jewellery must be released. The court's ruling emphasizes strict compliance with procedural requirements and protects the passenger's rights to personal effects during international travel.
HC held that the detained gold jewellery, being personal effects worn by the passenger, is exempt from customs detention under applicable baggage rules. The customs department failed to issue a show cause notice within the prescribed statutory period of six months, with an additional six-month extension. Consequently, the detention is deemed impermissible, and the jewellery must be released. The court's ruling emphasizes strict compliance with procedural requirements and protects the passenger's rights to personal effects during international travel.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
