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...
Penalty u/s 271(1)(c) - advance written off - business or capital loss - genuineness of loss is not in dispute - in the assessment order there is no mention about furnishing of inaccurate particulars and simply made disallowed - in penalty order AO has not specified which particular furnished by the assessee was incorrect, erroneous or false - no penalty
Penalty u/s 271(1)(c) - advance written off - business or capital loss - genuineness of loss is not in dispute - in the assessment order there is no mention about furnishing of inaccurate particulars and simply made disallowed - in penalty order AO has not specified which particular furnished by the assessee was incorrect, erroneous or false - no penalty
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