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Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
The ITAT Pune ruled on two key issues: 1) Treatment of subsidy under IPS Scheme 2007 for depreciation calculation - Held that subsidy should not be reduced from actual cost of fixed assets u/s 43(1) for depreciation calculation, following precedent. Directed AO to delete the addition of depreciation. 2) Disallowance of claim u/s 80-IA - Held that CIT(A) was justified in directing AO to allow deduction u/s 80IA(4)(iv)(a) without deducting brought forward loss or unabsorbed depreciation on notional basis, based on previous assessment years.
The ITAT Pune ruled on two key issues: 1) Treatment of subsidy under IPS Scheme 2007 for depreciation calculation - Held that subsidy should not be reduced from actual cost of fixed assets u/s 43(1) for depreciation calculation, following precedent. Directed AO to delete the addition of depreciation. 2) Disallowance of claim u/s 80-IA - Held that CIT(A) was justified in directing AO to allow deduction u/s 80IA(4)(iv)(a) without deducting brought forward loss or unabsorbed depreciation on notional basis, based on previous assessment years.
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