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...
The High Court considered a writ petition seeking extension of waiver of late fee under an Amnesty Scheme due to delayed filing of annual returns u/s N/N. 7/2023-CT, dated 31.03.2023 as amended by N/N. 25/2023-CT, dated 17.07.2023. The court directed the respondent to review the petitioner's representation and make a decision in line with the relevant notifications within three months from the date of receipt of the court's order.
The High Court considered a writ petition seeking extension of waiver of late fee under an Amnesty Scheme due to delayed filing of annual returns u/s N/N. 7/2023-CT, dated 31.03.2023 as amended by N/N. 25/2023-CT, dated 17.07.2023. The court directed the respondent to review the petitioner's representation and make a decision in line with the relevant notifications within three months from the date of receipt of the court's order.
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