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...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Classification of imported goods - defatted coconut - to be classified under CTH 08011990 or under CTH 23065020? - The Tribunal considered various test reports and ultimately criticized the adjudicating authority for disregarding the FSSAI standards and relying solely on Codex standards. Additionally, the CESTAT noted the importation of similar goods through another port, reinforcing the validity of the respondent's classification.
Classification of imported goods - defatted coconut - to be classified under CTH 08011990 or under CTH 23065020? - The Tribunal considered various test reports and ultimately criticized the adjudicating authority for disregarding the FSSAI standards and relying solely on Codex standards. Additionally, the CESTAT noted the importation of similar goods through another port, reinforcing the validity of the respondent's classification.
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