Delhi HC hears plea by MEA AME against seizure of empty atomizers under E-Cigarettes Act. Firm claims medical device license exempts import.
Karnataka High Court rules that fair market value of shares, determined using statutory methods, cannot be rejected by the Income Tax Department.
Delhi High Court rules that Customs must release a minor’s jewellery seized at IGI Airport, stating it qualifies as personal effects under Baggage Rules, 2016.
ITAT Jaipur applies Section 44AD, taxing retail business gross deposits at 8%. Addition of Rs. 25.56 lakh reduced; appeal partly allowed.
Kerala High Court rules that goods carriage vehicles cannot be reclassified as construction vehicles for one-time tax under the Kerala Motor Vehicles Taxation Act.
Delhi High Court rules NRIs can claim benefits under Baggage Rules, 2016. Customs’ seizure of personal gold jewellery deemed unlawful, order quashed.
Kerala High Court rules that the assessee must prove land is agricultural for capital gains tax exemption. Tribunal’s factual findings upheld; appeal dismissed.
Sikkim High Court rules that the expanded definition of ‘Sikkimese’ under Section 10(26AAA) of the Income Tax Act does not impact indigenous rights.
Delhi High Court reminds Customs to serve notices via email to prevent ex-parte proceedings. Petitioner granted 30 days to seek legal remedies.
Delhi High Court directs the release of gold detained by customs, citing procedural lapses. Lack of show cause notice and order-in-original highlighted.
