Explained Investment Sources: documented gifts and traceable salary savings supported deletion of additions for property and mutual-fund SIP investmen...
Internal comparable pricing supports arm's-length interest on compulsorily convertible debentures, preventing their recharacterisation as equity for t...
Nominee director protection shields independent financial-institution appointees from criminal liability where they lack involvement in deposit defaul...
CESTAT, an Appellate Tribunal, ruled on the classification of Cheeslings under Tariff Item 21069099 of the Central Excise Tariff Act, 1985. The issue of availing exemption under Notification No. 3/2006-C.E. was settled in a previous case involving the same appellant. Despite Cheeslings not being fried, their sale as "Namkeen" qualified for the exemption. The Tribunal found no merit in the confirmed demands on the appellant and allowed the appeal in their favor.
CESTAT, an Appellate Tribunal, ruled on the classification of Cheeslings under Tariff Item 21069099 of the Central Excise Tariff Act, 1985. The issue of availing exemption under Notification No. 3/2006-C.E. was settled in a previous case involving the same appellant. Despite Cheeslings not being fried, their sale as "Namkeen" qualified for the exemption. The Tribunal found no merit in the confirmed demands on the appellant and allowed the appeal in their favor.
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TaxTMI 
TaxTMI 
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