Delhi High Court has expressed some concerns in respect of the definition of the jewellery in proposed Rule 2(viii) of the Baggage Rules as also the monetary cap being retained, albeit with modification, under proposed Rule 5 of the said Rules.
Drying and roasting were diametrically different processes, and that imported roasted areca nuts must be classified as roasted nuts and not as dried nuts. The Court quashed the seizure made by Customs authorities and directed the release of the goods.
Delhi High Court held that bail application in case of money laundering and fake investment scheme allowed on account of delayed trial and there being no possibility of the trial concluding in the near future.
Madras High Court held that Appellate Assistant Commissioner is not justified in remanding the matter since authority has recorded a clear finding that explanations offered by assessee were very satisfactory. Accordingly, order remanding the matter quashed and appeal is allowed.
The writ petitioners challenged the public auction notice before the D.R.T under section 17 which was ultimately dismissed for non-prosecution. In the year 2007, due to devastating flood, all the costly machines were defunct.
Delhi High Court held that penalty imposed on Courier Agency due to non-exercise of due-diligence since courier agency failed to notice that commercial goods were being sent under disguise of gift. Accordingly, petition dismissed.
Madras High Court modified conditions for provisional release of PVC Coated Fabric [goods involved in misclassified and undervalued] and directed payment of duty; payment of 50% of differential duty and execution of bond for specified amount.
Karnataka HC quashed a faceless ex-parte tax assessment and penalties, ruling that statutory notice sent to an inactive email ID invalidates the entire assessment process.
The Karnataka High Court ruled that when reassessment is based solely on material seized from a third-party search, the Income Tax Department must follow the specific procedure under Section 153C of the IT Act, not the general Section 147.
Kerala High Court rules employees cannot claim TDS credit if employer fails to deposit deducted tax; directs IT Dept to act against defaulting employer.
