Just a moment...

⚠✕
Report
FeedbackReport
Welcome to TaxTMI ✕

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error ✕
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search ✕
  1. Put words in double quotes for exact word search, eg: "income tax"
  2. Avoid noise words such as : 'and, of, the, a'
  3. Sort by Relevance to get the most relevant document.
  4. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    5. Text Search
  5. The system will try to fetch results that contains ALL your words.
  6. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    7. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
0 /50 characters
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
Expand ❯❯
Close ✕
Filter in All Highlights ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Law:
---- All Laws----❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----❯
  • ---- All Years ----
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
    June 17, 2025 Circulars FEMA
    RBI Eases Import Rules for Shipping Vessels, Allows Up to $50 Million Advance Remittance Without Additional Guarantees
    June 17, 2025 Case Laws GST
    Exporters Win Big: GST Rule 96(10) Overturned, Clearing Path for Unrestricted Input Duty Refund Claims
    June 17, 2025 Case Laws GST
    Tax Fraud Kingpins Caught: Massive Rs. 11.97 Crore ITC Scam Exposes Systematic Revenue Manipulation Under CGST Sections
    June 17, 2025 Case Laws GST
    Data Hosting Services Export Classification Remanded for Comprehensive Review Under Recent Appellate Guidance and GST Circular
    June 17, 2025 Case Laws GST
    GST Registration Cancellation Challenge Succeeds: Petitioner Granted Hearing and Two-Month Resolution Timeline
    June 17, 2025 Case Laws GST
    Statutory Notice Invalidated: Section 74 Requirements Not Met, Jurisdictional Defects Render Notice Procedurally Flawed
    June 17, 2025 Case Laws Income Tax
    HC Strikes Down Tax Reassessment Notices as Procedurally Flawed Under Sections 148A and 148 of Finance Act, 2021
    June 17, 2025 Case Laws Income Tax
    Mutual Fund Promotion Expenses Upheld as Legitimate Business Expenditure with Direct Commercial Nexus
    June 17, 2025 Case Laws Income Tax
    Tax Assessment Challenged: Procedural Flaws Invalidate Revenue's Claim on Depreciation of Leasehold Improvements Under Section 263
    June 17, 2025 Case Laws Income Tax
    Tax Deduction Boost: Companies Qualify for 200% R&D Expense Write-Off Under Section 35(2AB)(1) Regardless of Research Stage
    June 17, 2025 Case Laws Income Tax
    Income Tax Assessment Relies on Concrete Evidence: Statements Alone Insufficient to Prove Undisclosed Income Under Section 132(4)
    June 17, 2025 Case Laws Income Tax
    Tax Rate Adjustment Overturned: Procedural Fairness Prevails in Complex Assessment Dispute Involving Input Credit and Income Calculation
    June 17, 2025 Case Laws Income Tax
    Tax Tribunal Allows Capital Loss Set-Off and Exemption for Grandfathered Transactions Under Income Tax Rules
    June 17, 2025 Case Laws Income Tax
    Windmill Undertakings Qualify for Section 80IA Deduction, Tribunal Validates Claim with New Machinery Criteria
    June 17, 2025 Case Laws Income Tax
    Tax Notice Invalidated: Insufficient Income Escaping Assessment Triggers Procedural Defect Under Section 148
    June 17, 2025 Case Laws Income Tax
    Taxpayer Wins Appeal: Revision Order Quashed as Tax Authorities Fail to Prove Substantial Error in Assessment
    June 17, 2025 Case Laws Income Tax
    Tax Reassessment Invalidated: Procedural Flaws Expose Lack of Proper Authority in Section 148 Approval Process
    June 17, 2025 Case Laws Income Tax
    Unsold Residential Units: No Notional Rental Income Taxable, Tribunal Rejects Proposed Income Addition Under Consistent Precedent
    June 17, 2025 Case Laws Income Tax
    ITAT Strikes Down PCIT's Revision Order Under Section 263, Upholds Assessing Officer's Thorough Assessment of Capital Gains
    June 17, 2025 Case Laws Customs
    Shipping Line's Rights Nullified: Improper Impleadment in Contempt Proceeding Overturned Under Rule Violation
❮

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Back

All Highlights

Showing Results for : Law : AllReset Filters
Kindly select a record to view
Show Listing
Case ID :
Customs

Return of the goods in the same condition, in which they were...

Dispute Over Seized Diamonds: Return in Original Condition or Pay Market Value; Valuation Agreement at Rs. 4,27,000 Stands.

📋
Contents
Note

Note

Note

Bookmark

Note

More

PrintDownload

Print Options

CustomsJune 13, 2018Case LawsHC

Return of the goods in the same condition, in which they were seized or pay the market value of the diamonds, as on the date of the filing of the writ petition - At one stage, for the purpose of redeeming the goods, the appellant had accepted the value of diamonds as ₹ 4,27,000/-, which decision cannot be retracted, by filing a writ petition.

View Source View

You may also like:

Topics

ActsIncome Tax
Next ➔