Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
The SAED rate on exports of diesel outside India is revised by substituting the existing entry in the table of Notification No. 06/2026-Central Excise, so that the rate against serial number 2 becomes Rs. 14 per litre. The amendment is issued under the Central Excise Act, 1944 read with the Finance Act, 2002, and it takes effect from 16 June 2026.
The SAED rate on exports of diesel outside India is revised by substituting the existing entry in the table of Notification No. 06/2026-Central Excise, so that the rate against serial number 2 becomes Rs. 14 per litre. The amendment is issued under the Central Excise Act, 1944 read with the Finance Act, 2002, and it takes effect from 16 June 2026.
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