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...
The DSC granted anticipatory bail to the applicant charged with smuggling offences under Sections 135(1)(a)(i)(A), 135(1)(a)(i)(B), 135(1)(b)(i)(A), and 135(1)(b)(i)(B) of the Customs Act, 1962. The case involved recovery of 112 iPhones, 102 refurbished laptops, 6 Google Pixel phones, 216 cosmetic items, and 94,951 grams of tobacco. Despite documentary evidence suggesting the applicant's involvement in smuggling activities, the court balanced investigation requirements against preventing unjustified detention and harassment. Considering the nature and seriousness of the alleged offence and potential witness tampering concerns, the court found a prima facie case for anticipatory bail. The application was allowed subject to conditions imposed by the court, with proceedings initiated by the Directorate of Revenue Intelligence, Mumbai Zonal Unit.
The DSC granted anticipatory bail to the applicant charged with smuggling offences under Sections 135(1)(a)(i)(A), 135(1)(a)(i)(B), 135(1)(b)(i)(A), and 135(1)(b)(i)(B) of the Customs Act, 1962. The case involved recovery of 112 iPhones, 102 refurbished laptops, 6 Google Pixel phones, 216 cosmetic items, and 94,951 grams of tobacco. Despite documentary evidence suggesting the applicant's involvement in smuggling activities, the court balanced investigation requirements against preventing unjustified detention and harassment. Considering the nature and seriousness of the alleged offence and potential witness tampering concerns, the court found a prima facie case for anticipatory bail. The application was allowed subject to conditions imposed by the court, with proceedings initiated by the Directorate of Revenue Intelligence, Mumbai Zonal Unit.
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