The Delhi High Court ruled that consolidated Show Cause Notices for multiple years are valid in fraudulent ITC cases, dismissing a petition and upholding a penalty.
Madras High Court held that petitioners are not entitled for payment of fine in lieu of confiscation since gold imported beyond the permissible limit of 1 Kg is to be treated as prohibited items as per the provisions of section 2(33) of the Customs Act.
ITAT Ahmedabad held that mere titular ownership of bank account is not conclusive. Thus, addition u/s. 69A of the Income tax Act towards unexplained cash deposit cannot be sustained without proper inquiry into identity of actual beneficiary of cash deposits.
ITAT Mumbai held that disallowance of claim of loss alleging participation in price rigging cannot be sustained since nothing is brought on record to demonstrate involvement of assessee in price rigging. Accordingly, claim of loss allowed.
Gauhati High Court held that Summary of SCN issued in Form GST DRC-01 doesn’t substitute proper SCN. Thus, mere issuance of summary of SCN is not valid SCN. Therefore, initiating proceedings solely based on such a statement is not in conformity with law.
A CBIC newsletter details a drug awareness campaign, a DRI seizure of mis-declared rock salt, and a DGGI tax evasion case against an online gaming company.
DGFT has issued a notification restricting imports of certain jute goods from Bangladesh to India, allowing entry only through Nhava Sheva Seaport.
The Gujarat High Court has granted bail to Sunil Hiralal Mandowara in a GST fraud case. The court cited the completion of the investigation and the accused’s 8-month incarceration.
The Bombay High Court’s Aurangabad Bench quashed a criminal case under Section 498A of the IPC, ruling that remarks on a wife’s cooking or clothing are not considered cruelty.
Punjab and Haryana High Court at Chandigarh has criticized a trial court for delaying a 76-year-old army veteran’s fraud case, directing all judicial officers in district to prioritize and handle such cases without a casual approach.
