Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Payments made by a co-owner to occupants for vacating property before sale were treated as allowable in computing capital gains because the evidence showed they were incurred to secure vacant possession and facilitate transfer of an unencumbered, alienable title. The Tribunal accepted contemporaneous cheque records, receipts, affidavits and utility bills, and held the claim could not be rejected merely on suspicion or as an afterthought without rebuttal inquiry. Such eviction-related payments were regarded as part of the cost of acquisition or as expenditure wholly and exclusively in connection with the transfer, and the capital gains were directed to be recomputed accordingly.
Payments made by a co-owner to occupants for vacating property before sale were treated as allowable in computing capital gains because the evidence showed they were incurred to secure vacant possession and facilitate transfer of an unencumbered, alienable title. The Tribunal accepted contemporaneous cheque records, receipts, affidavits and utility bills, and held the claim could not be rejected merely on suspicion or as an afterthought without rebuttal inquiry. Such eviction-related payments were regarded as part of the cost of acquisition or as expenditure wholly and exclusively in connection with the transfer, and the capital gains were directed to be recomputed accordingly.
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