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...
Interest on refund - Money wrongly attached - the provision of interest in Section 244-A would have no applicability in the present case because it is a case of illegal attachment and retention - interest 10% for wrongful retention of money for a period of about 15 months, cannot be said to be excessive by any standards - directed to pay interest within two months otherwise further interest @ 9%
Interest on refund - Money wrongly attached - the provision of interest in Section 244-A would have no applicability in the present case because it is a case of illegal attachment and retention - interest 10% for wrongful retention of money for a period of about 15 months, cannot be said to be excessive by any standards - directed to pay interest within two months otherwise further interest @ 9%
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