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...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Tax credit of the tax paid in USA - Assessee is eligible to claim tax credit for federal and state taxes paid on the income earned during the year but not eligible for credit of Medicare and Disability taxes which is not in the nature of income-tax
Tax credit of the tax paid in USA - Assessee is eligible to claim tax credit for federal and state taxes paid on the income earned during the year but not eligible for credit of Medicare and Disability taxes which is not in the nature of income-tax
Note: It is a system-generated summary and is for quick reference only.