Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
Surplus interest-free funds support a presumption that investments were funded from those sources, where such funds exceed the investments. On that basis, interest expenditure could not be disallowed or capitalised as capital work in progress when the building had already been put to use in earlier years. The text also states that a disallowance computed under section 14A read with rule 8D cannot, merely for that reason, be added to book profit under section 115JB. It records that the appellate deletions were upheld, as the issues were covered by binding decisions and concurrent factual findings, with no substantial question of law arising.
Surplus interest-free funds support a presumption that investments were funded from those sources, where such funds exceed the investments. On that basis, interest expenditure could not be disallowed or capitalised as capital work in progress when the building had already been put to use in earlier years. The text also states that a disallowance computed under section 14A read with rule 8D cannot, merely for that reason, be added to book profit under section 115JB. It records that the appellate deletions were upheld, as the issues were covered by binding decisions and concurrent factual findings, with no substantial question of law arising.
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