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...
Public Interest Litigation - Doctrine of Locus Standi - validity of notification dated 19 January 2024 issued by the Government of Maharashtra declaring 22 January 2024 as a public holiday on the occasion of the celebrations of the “Shri Ram-Lalla Pran-Pratishtha Din” - There are no manner of doubt that the present proceeding is a patent abuse of process of law. The proceedings cannot be kept pending and are required to be dismissed in limine with exemplary cost. - HC
Public Interest Litigation - Doctrine of Locus Standi - validity of notification dated 19 January 2024 issued by the Government of Maharashtra declaring 22 January 2024 as a public holiday on the occasion of the celebrations of the “Shri Ram-Lalla Pran-Pratishtha Din” - There are no manner of doubt that the present proceeding is a patent abuse of process of law. The proceedings cannot be kept pending and are required to be dismissed in limine with exemplary cost. - HC
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