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    August 7, 2026   Case Laws Income Tax
    Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer.
    August 7, 2026   Case Laws Income Tax
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    Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations remain unaddressed.
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    August 7, 2026   Case Laws Customs
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      VAT and Sales Tax

      Levy of tax on purchase value - TNVAT - Sales had been done by...

      Court Rules Respondent Lacks Jurisdiction to Assess Tax on Purchase Value Under TNVAT Section 3(4)(a)(ii.

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      VAT and Sales TaxJune 8, 2015Case LawsHC
      Levy of tax on purchase value - TNVAT - Sales had been done by the petitioner to the tune of ₹ 47,05,257/-. In view of Section 3(4)(a)(ii) extracted supra, the respondent has no jurisdiction to assess the tax based on the purchase value - HC
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