Timing mismatch in income recognition requires verification whether receipts were already taxed in an earlier year; matter remitted for fresh examinat...
FOB transaction value and export incentives: customs valuation cannot override contractual export benefits or support confiscation without valid proof...
Deduction of 10% of the amount awarded to the award-holder as TDS and payment of the balance amount to the award-holder - Arrears of salary and interest - award-debtor, being the Union of India represented by the Chief Engineer, Metro Railway - Supreme Court has held that, there is nothing in the Income Tax Act, as it then stood, which permits the debtor to deduct income tax which may become due and payable by the judgment-creditor. - No TDS liability - Award-debtor Union of India/Metro Railway to make payment of the balance amount to the petitioner - HC
Deduction of 10% of the amount awarded to the award-holder as TDS and payment of the balance amount to the award-holder - Arrears of salary and interest - award-debtor, being the Union of India represented by the Chief Engineer, Metro Railway - Supreme Court has held that, there is nothing in the Income Tax Act, as it then stood, which permits the debtor to deduct income tax which may become due and payable by the judgment-creditor. - No TDS liability - Award-debtor Union of India/Metro Railway to make payment of the balance amount to the petitioner - HC
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