Judicial review of settlement orders cannot reopen settled customs notices, while statutory interest remains subject to verification and quantificatio...
Customs Broker licence lending for consideration justified revocation where exporter authorisation and client verification obligations were also breac...
Fraudulent import documents suspend limitation protection, while redemption of confiscated goods requires duty and interest despite bona fide purchase...
ODR arbitration participation remains mandatory after failed conciliation, while jurisdictional and maintainability objections stay available before t...
Transparency in technical bid evaluation requires disclosed standards and recorded reasons; opaque scoring invalidated tender awards and required fres...
Automated export obligation extensions remove separate regional applications after committee approval for Advance Authorisation and EPCG authorisation...
International cargo transhipment through Indian ports continues with Customs-controlled storage, re-export safeguards, and coordinated multi-station m...
The determinative test under section 2(1A) was whether the receipt arose from agricultural operations on cultivated land, not whether the rubber trees were originally planted by the assessee. On the factual finding that regular agricultural operations were carried on in the plantation, the sale proceeds from old and unproductive trees removed during replantation retained their agricultural character. Felling such trees was treated as an integral incident of plantation agriculture and not as a separate commercial timber transaction, even though the assessee also carried on timber business. The Tribunal held the receipt exempt under section 10(1), and left the alternative capital gains plea open as unnecessary.
The determinative test under section 2(1A) was whether the receipt arose from agricultural operations on cultivated land, not whether the rubber trees were originally planted by the assessee. On the factual finding that regular agricultural operations were carried on in the plantation, the sale proceeds from old and unproductive trees removed during replantation retained their agricultural character. Felling such trees was treated as an integral incident of plantation agriculture and not as a separate commercial timber transaction, even though the assessee also carried on timber business. The Tribunal held the receipt exempt under section 10(1), and left the alternative capital gains plea open as unnecessary.
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