Limitation for consequential assessments runs from prescribed authority receipt, while verified purchases cannot be disallowed merely for unanswered s...
Higher depreciation for qualifying commercial vehicles, exempt-income disallowance, research deduction verification, and club-expense treatment clarif...
Charitable registration renewal cannot become an assessment of receipts, profitability or annual exemption compliance, requiring renewal and donation ...
AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
Customs valuation must use comparable contemporary imports, while confiscation fines and penalties require proportionate recalculation on reassessed v...
Depositor-protection proceedings prevail over corporate insolvency, while liquidators may recover chit receivables using copies of seized company reco...
Valuation - The case involves disputes regarding the inclusion of certain expenses in the taxable value of services provided by the appellant, the denial of abatement/exemption claimed by the appellant, and the imposition of interest and penalties. The CESTAT found that the appellant did not adequately support their claims and failed to address key issues during the adjudication process. As a result, the court remanded the case back to the Original Authority for further consideration.
Valuation - The case involves disputes regarding the inclusion of certain expenses in the taxable value of services provided by the appellant, the denial of abatement/exemption claimed by the appellant, and the imposition of interest and penalties. The CESTAT found that the appellant did not adequately support their claims and failed to address key issues during the adjudication process. As a result, the court remanded the case back to the Original Authority for further consideration.
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