Cooperative society deposits, member-interest TDS exemption and credit-facility deduction claims require verification through records and supporting e...
Customs jurisdiction over EPCG condition breaches survives export-obligation discharge certificates, requiring alleged fraud and misdeclaration to be ...
Contractual tolerance requires consideration; breach recoveries, qualifying public infrastructure services and road works escape service tax liability...
Personal hearing requirements in GST adjudication were satisfied by prior opportunities and written submissions; appellate limitation received writ-pe...
Nature of receipt - compensation for displacement in terms of re-development agreement as “Hardship Compensation” - surrender of flats by members pursuant to the re-development agreement - The ITAT considered the facts and legal arguments. It agreed with the appellant, concluding that the "Hardship Compensation" was a capital receipt and not revenue in nature. It referenced previous Tribunal decisions supporting this view.
Nature of receipt - compensation for displacement in terms of re-development agreement as “Hardship Compensation” - surrender of flats by members pursuant to the re-development agreement - The ITAT considered the facts and legal arguments. It agreed with the appellant, concluding that the "Hardship Compensation" was a capital receipt and not revenue in nature. It referenced previous Tribunal decisions supporting this view.
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