Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
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...
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Section 172 assessment procedures are examined where a shipping assessee elected annual assessment of total income under Section 172(7), while separate vessel-wise assessments were also made under Section 172(4). The notes identify the contention that, after exercising the annual-assessment option, separate assessments for individual vessels should not proceed. They also record that a return processed under Section 143(1), resulting in a refund, had become final. The High Court found the issues arguable and granted interim protection by staying recovery under the Section 172(4) assessments pending final disposal of the writ petition.
Section 172 assessment procedures are examined where a shipping assessee elected annual assessment of total income under Section 172(7), while separate vessel-wise assessments were also made under Section 172(4). The notes identify the contention that, after exercising the annual-assessment option, separate assessments for individual vessels should not proceed. They also record that a return processed under Section 143(1), resulting in a refund, had become final. The High Court found the issues arguable and granted interim protection by staying recovery under the Section 172(4) assessments pending final disposal of the writ petition.
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