Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Page of 4780
Press 'Enter' after typing page number.
261 to 280 of 95596 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
A paper-form assessment order is treated as duly authenticated...
Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claims.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
A paper-form assessment order is treated as duly authenticated where it bears the authorised signatory's name, designation, signature, date and Document Identification Number; any procedural defect may also be protected by section 292B. Expenditure on replacement parts for existing plant and machinery is revenue expenditure where no new asset or enduring benefit is established, requiring deletion of the capital disallowance and withdrawal of related depreciation. Documented shop-floor consumables are deductible on consumption. Relief-fund contributions require proof that they were incurred wholly and exclusively for business purposes. Vendor advances for undelivered materials may be written off as business loss where their business nexus is undisputed.
A paper-form assessment order is treated as duly authenticated where it bears the authorised signatory's name, designation, signature, date and Document Identification Number; any procedural defect may also be protected by section 292B. Expenditure on replacement parts for existing plant and machinery is revenue expenditure where no new asset or enduring benefit is established, requiring deletion of the capital disallowance and withdrawal of related depreciation. Documented shop-floor consumables are deductible on consumption. Relief-fund contributions require proof that they were incurred wholly and exclusively for business purposes. Vendor advances for undelivered materials may be written off as business loss where their business nexus is undisputed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4780
Join Channel
TaxTMI 
