Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Benefit of CENVAT credit - credit earned in the subsequent months cannot be used for payment of duty for the previous month - Such wrong utilization invites confirmation of interest which is also required to be considered as penal in nature. - With interest penalty of ₹ 10000 imposed - AT
Benefit of CENVAT credit - credit earned in the subsequent months cannot be used for payment of duty for the previous month - Such wrong utilization invites confirmation of interest which is also required to be considered as penal in nature. - With interest penalty of ₹ 10000 imposed - AT
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