Search Results for "under-valuation"

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Madras High Court Dismisses Second Appeal in Possession Suit — Upholds Concurrent Findings on Licensee's Obligation to Vacate. Unregistered Othi Deed Treated as License, Not Lease, Under Section 100 CPC.

The case involves a dispute over possession of a property in Paramakudi. The plaintiff, R.Rajasekaran, purchased the suit property by registered sale ...

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"Bombay High Court Quashes Decades-Old Show Cause Notice: Justice Delayed Is Justice Denied" "Excessive delay in adjudication renders the process violative of natural justice, says the Court."

The Bombay High Court quashed a 21-year-old adjudication process initiated by a show cause notice (SCN) issued in 2003 against M/s Esjaypee Impex Pvt....

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Bombay High Court Quashes Standing Orders in Customs Valuation Dispute — Mandates Acceptance of Declared Transaction Value. Petitioner's imported goods detained on suspicion of undervaluation; court holds that without proper inquiry under Customs Act, 1962, rejection of transaction value is arbitrary.

The Petitioner, The Supreme Industries Ltd., a company in the plastics industry, imported goods and filed bills of entry declaring the transaction val...

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Bombay High Court Allows Writ Petition Against Detention of Air Conditioners by Municipal Corporation for Alleged Undervaluation of Octroi Duty. Classification of Goods Under Schedule-H Item 50 of Bombay Municipal Corporation Act, 1888 Attracts 2% Octroi Duty, Not 4% Under Entry 52 of Octroi Rules.

The petitioner, Batliboi Limited, a manufacturer of industrial package air conditioners, filed a writ petition challenging the detention of its consig...

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Bombay High Court Quashes Compulsory Acquisition Order Under Income Tax Act for Non-Application of Mind. Appropriate Authority Failed to Consider Comparable Sales in Same Building, Rendering Order Under Section 269UD(1) Invalid.

The petitioners, owners of a flat in Mumbai, entered into an agreement to sell the flat for Rs. 19 lakhs and filed Form 37-I under Chapter XX-C of the...