Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Liquid crystal display touch-panel modules specifically covered by tariff heading 9013 cannot be classified under heading 8537 as programmable switchboards or controllers merely because of their use in a final product. Applying the Supreme Court's ruling in CCC, Aurangabad v. Videocon Industries, the article notes that the specific LCD heading governs unless the goods are more specifically provided for elsewhere. The classification order was set aside, and the matter was remitted for a fresh classification decision under Chapter 90.
Liquid crystal display touch-panel modules specifically covered by tariff heading 9013 cannot be classified under heading 8537 as programmable switchboards or controllers merely because of their use in a final product. Applying the Supreme Court's ruling in CCC, Aurangabad v. Videocon Industries, the article notes that the specific LCD heading governs unless the goods are more specifically provided for elsewhere. The classification order was set aside, and the matter was remitted for a fresh classification decision under Chapter 90.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4784
Join Channel
TaxTMI 
