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...
Restoration of name of the Company - the ‘Appellant’ / ‘Company’ has initiated various proceedings before the Criminal Courts (8 in number) against its ‘Debtors’, and is to recover approximately Rs.18,12,500/- from its ‘Debtors’ and bearing in mind of the prime fact, ‘Right’ to seek the ‘name’ of the Company’ (to be entered, in the ‘Register of Companies’), is not ‘Lost’ or ‘Extinguished’, as long as 20 years had not expired - Request allowed - AT
Restoration of name of the Company - the ‘Appellant’ / ‘Company’ has initiated various proceedings before the Criminal Courts (8 in number) against its ‘Debtors’, and is to recover approximately Rs.18,12,500/- from its ‘Debtors’ and bearing in mind of the prime fact, ‘Right’ to seek the ‘name’ of the Company’ (to be entered, in the ‘Register of Companies’), is not ‘Lost’ or ‘Extinguished’, as long as 20 years had not expired - Request allowed - AT
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