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...
Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
Depreciation on goodwill arising from amalgamation remained allowable because the claim had consistently been accepted in the taxpayer's earlier assessment years and no material factual change was shown. The Revenue's reliance on a decision involving artificial and colourable creation of goodwill was distinguishable, with no comparable finding here. Deduction of employee stock option reimbursement expenditure was also sustained, as an earlier Tribunal ruling in the taxpayer's own matter had addressed objections on business purpose, capital character and tax deduction at source, and no distinguishing facts were produced. The Revenue's appeal was dismissed.
Depreciation on goodwill arising from amalgamation remained allowable because the claim had consistently been accepted in the taxpayer's earlier assessment years and no material factual change was shown. The Revenue's reliance on a decision involving artificial and colourable creation of goodwill was distinguishable, with no comparable finding here. Deduction of employee stock option reimbursement expenditure was also sustained, as an earlier Tribunal ruling in the taxpayer's own matter had addressed objections on business purpose, capital character and tax deduction at source, and no distinguishing facts were produced. The Revenue's appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
