Credit-note turnover adjustments preserve inverted-duty refunds, while ministerial re-computation does not constitute an impermissible appellate reman...
Revisional jurisdiction over export quota premium deductions requires both error and Revenue prejudice; a permissible assessment view cannot be displa...
Disallowance of depreciation u/s 32 - Plants not in operation - The BIFR directions do not override the provisions of Act. As long as the ownership of the assets continue to be with the assessee company - Assets of closed units could not be segregated for purpose of allowing depreciation and depreciation has to be allowed on entire block of assets. - AT
Disallowance of depreciation u/s 32 - Plants not in operation - The BIFR directions do not override the provisions of Act. As long as the ownership of the assets continue to be with the assessee company - Assets of closed units could not be segregated for purpose of allowing depreciation and depreciation has to be allowed on entire block of assets. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
