Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Classification - Porridge / Daliya (cracked wheat) - The Act does not make any distinction between the normal porridge and instant porridge, and the finding arrived by the Tribunal is a fallacy. The intention of legislature was clear that exemption from tax has to be given to the product Porridge whether it was instant Porridge or normal Porridge i.e. Daliya (cracked wheat). - The Tribunal was not correct to read in between and deny the benefit to the assessee as granted by the taxing statute. - HC
Classification - Porridge / Daliya (cracked wheat) - The Act does not make any distinction between the normal porridge and instant porridge, and the finding arrived by the Tribunal is a fallacy. The intention of legislature was clear that exemption from tax has to be given to the product Porridge whether it was instant Porridge or normal Porridge i.e. Daliya (cracked wheat). - The Tribunal was not correct to read in between and deny the benefit to the assessee as granted by the taxing statute. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
