Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as ...
Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
Limited scope of processing under section 143(1): enhancement without show cause is unsustainable; remand for residency, taxation and TDS verification...
Section 112(a) and 112(b) were held to cover both abetment or omission rendering goods liable to confiscation and possession or dealing with goods known or believed to be liable to confiscation, so the show-cause notice was valid where it specified the petitioner's role in smuggling gold paste without declaration. The Court rejected the objection based on non-specification of the precise clause, holding that the notice gave adequate particulars and was answered on merits. Smuggled gold imported in breach of customs restrictions was treated as prohibited goods, so penalty under Section 112(i) was also sustained. The writ petition was dismissed and the penalty order upheld.
Section 112(a) and 112(b) were held to cover both abetment or omission rendering goods liable to confiscation and possession or dealing with goods known or believed to be liable to confiscation, so the show-cause notice was valid where it specified the petitioner's role in smuggling gold paste without declaration. The Court rejected the objection based on non-specification of the precise clause, holding that the notice gave adequate particulars and was answered on merits. Smuggled gold imported in breach of customs restrictions was treated as prohibited goods, so penalty under Section 112(i) was also sustained. The writ petition was dismissed and the penalty order upheld.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4807 
Join Channel 
