Strict construction of customs exemptions denied concession for brake components, while limitation restricted differential duty to timely Bills of Ent...
Way Leave Permissions cannot be retrospectively revived through insolvency plans, and affected infrastructure holders require safety review and hearin...
Inter-terminal container movement requires customs escort, permit reconciliation, and indemnity, while delayed DPD cargo may move to designated CFS ya...
Interest included in a foreign arbitral award, once the award is enforced as a court decree, assumes the character of a judgment debt rather than "interest" under the Income-tax Act. The interest component, although labelled as interest in the award, was treated as part of the decretal damages and therefore outside the scope of taxable interest income in India. The related tax addition was deleted and the appeal succeeded.
Interest included in a foreign arbitral award, once the award is enforced as a court decree, assumes the character of a judgment debt rather than "interest" under the Income-tax Act. The interest component, although labelled as interest in the award, was treated as part of the decretal damages and therefore outside the scope of taxable interest income in India. The related tax addition was deleted and the appeal succeeded.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
