SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Benefit under the SHIS Scheme (Status Holder Incentive Scheme) - Import of Turning Cradle and Blade Shell Lifting Device - Goods were considered as not falling within the category of "relating to plastic sector" - The Customs department initially accepted the goods as used but later contradicted this finding based on revised reports from Shri N J Lalwani. (Valuer) - The Tribunal found merit in the impugned order, stating that all necessary documents were provided to the appellant for cross-examination. - However, in the interest of justice, the Tribunal allowed one last opportunity for the appellant to cross-examine Government approved valuer and remanded the matter back to the Commissioner for fresh adjudication.
Benefit under the SHIS Scheme (Status Holder Incentive Scheme) - Import of Turning Cradle and Blade Shell Lifting Device - Goods were considered as not falling within the category of "relating to plastic sector" - The Customs department initially accepted the goods as used but later contradicted this finding based on revised reports from Shri N J Lalwani. (Valuer) - The Tribunal found merit in the impugned order, stating that all necessary documents were provided to the appellant for cross-examination. - However, in the interest of justice, the Tribunal allowed one last opportunity for the appellant to cross-examine Government approved valuer and remanded the matter back to the Commissioner for fresh adjudication.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4886 
