Arrest safeguards and transit remand requirements invalidated detention following inter-State transfer without communicated grounds or magistrate auth...
Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
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LTCG - deduction u/s 54 denied - Despite the assessee's claim of having constructed a residential property within the specified timeframe, a physical inspection revealed the inadequacy of the alleged residential house. The property lacked basic amenities necessary for habitation, such as proper boundary walls, kitchen, electricity, and water connections. Certificates provided by the assessee were deemed insufficient to counter the findings of the physical inspection. Consequently, the Tribunal upheld the decision to deny the deduction under section 54, ruling that the assessee had not constructed a residential house within the prescribed time and without the necessary amenities for dwelling.
LTCG - deduction u/s 54 denied - Despite the assessee's claim of having constructed a residential property within the specified timeframe, a physical inspection revealed the inadequacy of the alleged residential house. The property lacked basic amenities necessary for habitation, such as proper boundary walls, kitchen, electricity, and water connections. Certificates provided by the assessee were deemed insufficient to counter the findings of the physical inspection. Consequently, the Tribunal upheld the decision to deny the deduction under section 54, ruling that the assessee had not constructed a residential house within the prescribed time and without the necessary amenities for dwelling.
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