Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
The HC held that under Sections 110 and 124 of the Customs Act the statutory period for issuance of a show-cause notice is six months from seizure, extendable by a further six months under Section 110(2); a pre-printed waiver of a written SCN cannot substitute compliance with Section 124. Consequent detention of the seized jewellery was declared unlawful and set aside. The petitioner is directed to appear before Customs on 2 September 2025 for release of the gold kada upon payment of warehousing charges applicable as of the date of detention; Customs shall assist with requisite formalities. The petition is disposed of.
The HC held that under Sections 110 and 124 of the Customs Act the statutory period for issuance of a show-cause notice is six months from seizure, extendable by a further six months under Section 110(2); a pre-printed waiver of a written SCN cannot substitute compliance with Section 124. Consequent detention of the seized jewellery was declared unlawful and set aside. The petitioner is directed to appear before Customs on 2 September 2025 for release of the gold kada upon payment of warehousing charges applicable as of the date of detention; Customs shall assist with requisite formalities. The petition is disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
