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Supreme Court Upholds Collector's Findings on Customs Duty Evasion and Mis-declaration. The Collector's assessment of TDMs' value was affirmed, and the issue of licensing was remanded for further consideration....

The dispute arose from the import of Tape Deck Mechanisms (TDMs) by the respondent, which the Collector alleged were imported at a gross under-value, resulting in non-payment of customs duty and viola...

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Supreme Court Allows Appeal in Income Tax Deduction Case — Upholds Deduction for Indivisible Business Expenses. The court found that the entire expenditure incurred by the assessee was deductible as the business was one indivisible entity, contrary to the Revenue's claim for apportionment....

This case arose from an appeal by the Rajasthan State Warehousing Corporation against the Commissioner of Income Tax regarding the deductibility of certain expenses under the Income Tax Act, 1961. The...

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Supreme Court Dismisses Appeal Against Cancellation of Property Transfer Due to Misleading Valuation. Jurisdiction of Secretary to Cancel Sale Affirmed Under Section 33 of Displaced Persons (Compensation and Rehabilitation) Act, 1954....

The dispute involved a property in Palwal, District Faridabad, which was classified as evacuee property under the Displaced Persons (Compensation and Rehabilitation) Act, 1954. The appellant, Lakhpat ...

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Supreme Court Allows Appeal in Income Tax Deduction Case — Expenditure Deductible as Business is One Indivisible Entity. The court found that the entire expenditure was deductible as the business was one indivisible entity, contrary to the Revenue's position....

This case arose from an appeal by the Rajasthan State Warehousing Corporation against the Commissioner of Income-Tax concerning the deductibility of certain expenditures under the Income Tax Act, 1961...

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Supreme Court Dismisses Appeal Against Cancellation of Property Transfer Due to Misleading Valuation. Jurisdiction of Secretary to Cancel Transfer Affirmed Under Section 33 of the Displaced Persons (Compensation and Rehabilitation) Act, 1954....

The dispute involved a property in Palwal, District Faridabad, which was classified as evacuee property under the Displaced Persons (Compensation and Rehabilitation) Act, 1954. The appellant, Lakhpat ...

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Supreme Court Modifies Decree in Arbitration Case — Clarifies Arbitrator's Powers. The court held that the Arbitrator could not award escalation charges due to the absence of a clause, while affirming the award of pendente lite interest....

The case involved an appeal by the State of Orissa against an arbitration award that had been made a rule of the court by the Subordinate Judge, Bhubaneshwar. The appeal raised three main issues regar...

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Supreme Court Dismisses Appeal on Res Judicata in Charity Trust Dispute — Preliminary objection rejected....

The appeal arose from orders rejecting a preliminary objection raised by the appellant regarding the applicability of res judicata in proceedings initiated by the deceased first respondent under the B...

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Supreme Court Upholds Criminal Proceedings Against Company and Directors Under Negotiable Instruments Act Despite SICA Declaration. The court found that SICA does not bar criminal liability under section 138 of the NI Act, allowing proceedings to continue against the company and its directors....

The case involved appeals by a company and its directors against a High Court order dismissing their petitions to quash criminal proceedings initiated under section 138 of the Negotiable Instruments A...

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Supreme Court Allows Appeal in Customs Duty Case — Clarifies Notification Publication Requirements. The Court reaffirmed that publication in the Official Gazette suffices for the enforceability of customs notifications under Section 25 of the Customs Act, 1962....

The dispute arose from the imposition of customs duty on a consignment of Green Beans imported by the respondent. The respondent filed a bill of entry claiming exemption from duty based on an earlier ...

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Supreme Court Allows Appeal in Customs Duty Dispute — Clarifies Notification Publication Requirements. The court reaffirmed that publication in the Official Gazette is sufficient for a customs notification to be enforceable under Section 25 of the Customs Act, 1962....

The dispute arose from a customs duty assessment on a consignment of Green Beans imported by the respondent. The respondent claimed exemption from duty based on an earlier notification, but a subseque...