Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Levy of penalty - Business Auxiliary Service - Receipt of commission from the financial institutions/banks - The board circular specifically states that there were certain doubts in the mind of the field formation and hence, reference was made - penalty waived invoking section 80 - AT
Levy of penalty - Business Auxiliary Service - Receipt of commission from the financial institutions/banks - The board circular specifically states that there were certain doubts in the mind of the field formation and hence, reference was made - penalty waived invoking section 80 - AT
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