https://www.taxtmi.com/caselaws?id=451277 The Allahabad HC dismissed revenue appeals in a gold smuggling case involving confiscated gold bars worth over Rs. 1 crore. The court held that since the confiscated gold was apportioned among three assessees, the individual dispute value in each appeal fell below the Rs. 1 crore monetary limit for maintainability. Despite being granted time, revenue failed to file a supplementary affidavit establishing that revenue implications in any appeal exceeded the monetary threshold. With the Tribunal's order favoring the assessee and no cross-appeal filed, the HC found no justification for allowing revenue to maintain litigation against its own stated policy, dismissing all connected appeals. en-us Mon, 18 Mar 2024 00:00:00 +0530 Sat, 23 Mar 2024 08:24:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451277 The Allahabad HC dismissed revenue appeals in a gold smuggling case involving confiscated gold bars worth over Rs. 1 crore. The court held that since the confiscated gold was apportioned among three assessees, the individual dispute value in each appeal fell below the Rs. 1 crore monetary limit for maintainability. Despite being granted time, revenue failed to file a supplementary affidavit establishing that revenue implications in any appeal exceeded the monetary threshold. With the Tribunal's order favoring the assessee and no cross-appeal filed, the HC found no justification for allowing revenue to maintain litigation against its own stated policy, dismissing all connected appeals. Case-Laws Customs Mon, 18 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451277