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 HC directed release of the seized gold chain and two iPhones subject to payment of applicable customs duty; warehousing charges as at date of detention are payable by the petitioner. The court held that waiver of issuance of a show-cause notice is impermissible and, as no SCN was issued for over a year and personal hearing was belated, continued detention was unjustified. One iPhone 15 Pro (128 GB) is exempted under the Baggage Rules, 2016. The petitioner was ordered to appear before the Customs Department on 6 October 2025 at 11:00 AM for payment of customs duty and warehousing charges for the gold items and one iPhone. Petition disposed.
The HC directed release of the seized gold chain and two iPhones subject to payment of applicable customs duty; warehousing charges as at date of detention are payable by the petitioner. The court held that waiver of issuance of a show-cause notice is impermissible and, as no SCN was issued for over a year and personal hearing was belated, continued detention was unjustified. One iPhone 15 Pro (128 GB) is exempted under the Baggage Rules, 2016. The petitioner was ordered to appear before the Customs Department on 6 October 2025 at 11:00 AM for payment of customs duty and warehousing charges for the gold items and one iPhone. Petition disposed.
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