https://www.taxtmi.com/caselaws?id=80197 Personal penalties on partners could not be sustained where the show-cause notice was issued to the firm alone and no individual notice or separate allegation was made against them. Gold ornaments received from customers for repairs could not be confiscated as third-party property without notice to the owners and a finding of their contravention, knowledge, or connivance. By contrast, ornaments seized from the residential premises were treated as unaccounted stock-in-trade on the basis of the partner's admission, and confiscation of unaccounted primary gold and a half sovereign was upheld where the record showed contravention and non-accounted possession. The alleged inadequacy of prescribed register forms did not displace the duty to maintain true and complete accounts. en-us Fri, 20 Mar 1987 00:00:00 +0530 Tue, 17 Jul 2012 07:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80197 Personal penalties on partners could not be sustained where the show-cause notice was issued to the firm alone and no individual notice or separate allegation was made against them. Gold ornaments received from customers for repairs could not be confiscated as third-party property without notice to the owners and a finding of their contravention, knowledge, or connivance. By contrast, ornaments seized from the residential premises were treated as unaccounted stock-in-trade on the basis of the partner's admission, and confiscation of unaccounted primary gold and a half sovereign was upheld where the record showed contravention and non-accounted possession. The alleged inadequacy of prescribed register forms did not displace the duty to maintain true and complete accounts. Case-Laws Customs Fri, 20 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80197