Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Valuation of the import of car - the CESTAT criticized the adjudicating authority for rejecting the declared value without sufficient reasoning. It emphasized that without evidence of undervaluation, the transaction value should be accepted. The court also disagreed with the use of Australian car values as a basis for revaluation, highlighting the difference in market dynamics.
Valuation of the import of car - the CESTAT criticized the adjudicating authority for rejecting the declared value without sufficient reasoning. It emphasized that without evidence of undervaluation, the transaction value should be accepted. The court also disagreed with the use of Australian car values as a basis for revaluation, highlighting the difference in market dynamics.
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