Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Interest on amounts voluntarily deposited during an investigation and later refunded is payable from the actual payment date until the refund date. The relevant approach treats retention of the investigation deposit as warranting interest throughout that period, irrespective of whether the refund claim itself was sanctioned within three months of filing. Interest was directed at 12% per annum, and the prior rejection of interest on the refunded investigation deposit was overturned.
Interest on amounts voluntarily deposited during an investigation and later refunded is payable from the actual payment date until the refund date. The relevant approach treats retention of the investigation deposit as warranting interest throughout that period, irrespective of whether the refund claim itself was sanctioned within three months of filing. Interest was directed at 12% per annum, and the prior rejection of interest on the refunded investigation deposit was overturned.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4920 
