Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Where an immovable property purchase was supported by an earlier agreement, earlier possession and cheque payments made before registration, the relevant consideration was treated as that prior arrangement rather than the later registered deed. On that basis, adopting the stamp duty value as on the registration date for an addition under section 56(2)(x)(b)(B) was unjustified because the record showed the transaction had been agreed and partly performed earlier. The addition was deleted.
Where an immovable property purchase was supported by an earlier agreement, earlier possession and cheque payments made before registration, the relevant consideration was treated as that prior arrangement rather than the later registered deed. On that basis, adopting the stamp duty value as on the registration date for an addition under section 56(2)(x)(b)(B) was unjustified because the record showed the transaction had been agreed and partly performed earlier. The addition was deleted.
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