Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
Payment made on account of royalty to State Govt - payment of royalty in excess of 20% - Section 6A(4) of the Oilfield (Exploration and Development Act), 1948 - Certainly, we cannot liken it to hafta or extortion money, which appears to have been the intention - the amounts, which were paid, would not incur the opprobrium of being in violation of Section 37 - expenditure allowed - HC
Payment made on account of royalty to State Govt - payment of royalty in excess of 20% - Section 6A(4) of the Oilfield (Exploration and Development Act), 1948 - Certainly, we cannot liken it to hafta or extortion money, which appears to have been the intention - the amounts, which were paid, would not incur the opprobrium of being in violation of Section 37 - expenditure allowed - HC
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