Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
Jewellery carried in excess of the quantity permissible under the Indian Customs Baggage Rules, 2026, was detained despite the petitioners' claim that it was brought for a marriage and not for smuggling or sale. The petitioners may seek return of the seized jewellery from the customs authority, which must adjudicate the applications. An admitted breach of the baggage rules may be resolved through imposition of a minor penalty with the petitioners' consent.
Jewellery carried in excess of the quantity permissible under the Indian Customs Baggage Rules, 2026, was detained despite the petitioners' claim that it was brought for a marriage and not for smuggling or sale. The petitioners may seek return of the seized jewellery from the customs authority, which must adjudicate the applications. An admitted breach of the baggage rules may be resolved through imposition of a minor penalty with the petitioners' consent.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4910 
