Liberty India and Ors. vs CIT
Income derived from: Industrial undertaking-Duty drawback and DEPB benefits-AY 2001-02. The duty drawback receipts and DEPB benefits were not income derived from industrial undertaking and so not entitled to relief under s.80- [LexDoc Id : 370499]
Jain Exports (P) Ltd. vs UOI
Liability to penalty-Civil liability and not a punishment by a criminal court-The high court, on the contention that penalty imposed under Imports and Exports (Control) Act 1947 was without jurisdiction since the goods were clea [LexDoc Id : 383528]