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...
Change in policy by RBI -The new policy appears to have been declared by RBI for the reason that the NPA, in the Nationalized banks, have touched almost 8 lakhs crores. - the financial exposure of the Petitioner company is more than ₹ 4000 crores - the financial policies and the financial matters, falling within the exclusive jurisdiction of the RBI, need not be scrutinized by the Court - HC
Change in policy by RBI -The new policy appears to have been declared by RBI for the reason that the NPA, in the Nationalized banks, have touched almost 8 lakhs crores. - the financial exposure of the Petitioner company is more than ₹ 4000 crores - the financial policies and the financial matters, falling within the exclusive jurisdiction of the RBI, need not be scrutinized by the Court - HC
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