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...
The High Court found a violation of natural justice as the petitioner was not given a fair opportunity to contest a tax demand. The tax proposal was upheld due to the petitioner's failure to submit written objections or attend a hearing. The court acknowledged the petitioner's claim of being unaware of the proceedings. To rectify this, the court set aside the orders and remanded the matters for reconsideration, with the condition that the petitioner pays 10% of the disputed tax demand for each assessment period within 15 days. The petition was disposed of accordingly.
The High Court found a violation of natural justice as the petitioner was not given a fair opportunity to contest a tax demand. The tax proposal was upheld due to the petitioner's failure to submit written objections or attend a hearing. The court acknowledged the petitioner's claim of being unaware of the proceedings. To rectify this, the court set aside the orders and remanded the matters for reconsideration, with the condition that the petitioner pays 10% of the disputed tax demand for each assessment period within 15 days. The petition was disposed of accordingly.
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