Capital-gains exemption for charitable trusts extends to qualifying fixed deposits, while unrecoverable TDS write-offs may constitute income applicati...
India-UK treaty characterisation of telecom-service receipts as business profits withstands unilateral domestic-law amendments for Indian tax purposes...
Transfer-pricing reimbursement adjustments require uncontrolled comparables and cannot become expense-genuineness reviews, resulting in deletion of th...
Food import sampling requirements support provisional release where unseized consignments conform to standards and raw areca classification is unestab...
Detention and penalty proceedings for goods require consideration of documents produced by a person claiming ownership, including the e-way bill, e-tax invoice and bilty. Failure to assess those materials, along with the issue identified in the relevant CBIC circular, rendered the penalty order unsustainable. The High Court quashed the order and remitted the matter to the concerned authority for fresh consideration of the ownership documents and circular requirements in accordance with law.
Detention and penalty proceedings for goods require consideration of documents produced by a person claiming ownership, including the e-way bill, e-tax invoice and bilty. Failure to assess those materials, along with the issue identified in the relevant CBIC circular, rendered the penalty order unsustainable. The High Court quashed the order and remitted the matter to the concerned authority for fresh consideration of the ownership documents and circular requirements in accordance with law.
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