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...
Seizure of goods alongwith vehicle - valid E-way bill or not - it is deemed just and proper to set aside the impugned orders and the matter remitted back to respondent No.1 - Prescribed Authority for re-consideration afresh in accordance with law after giving one more opportunity to the petitioner to file additional documents and additional objections if any, and thereafter to proceed and conclude the proceedings in accordance with law. - HC
Seizure of goods alongwith vehicle - valid E-way bill or not - it is deemed just and proper to set aside the impugned orders and the matter remitted back to respondent No.1 - Prescribed Authority for re-consideration afresh in accordance with law after giving one more opportunity to the petitioner to file additional documents and additional objections if any, and thereafter to proceed and conclude the proceedings in accordance with law. - HC
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