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...
Effluent water undergoes reverse osmosis treatment, reducing total dissolved solids from 7932 mg/l to 148 mg/l, making it suitable for dyeing industry usage. Treated water, though demineralized, retains meagre salts intentionally to meet dyeing requirements and zero liquid discharge compliance. It does not qualify for exemption under Serial No. 99 of Notification No. 2/2017-CT (Rate). Despite substantial mineral removal, residual salts preclude classification as distilled or conductivity water under heading 2853 90 10. The demineralized water, retaining ordinary water characteristics, falls under CTH 2201 and entry of Schedule-III of Notification No. 01/2017-CT (Rate).
Effluent water undergoes reverse osmosis treatment, reducing total dissolved solids from 7932 mg/l to 148 mg/l, making it suitable for dyeing industry usage. Treated water, though demineralized, retains meagre salts intentionally to meet dyeing requirements and zero liquid discharge compliance. It does not qualify for exemption under Serial No. 99 of Notification No. 2/2017-CT (Rate). Despite substantial mineral removal, residual salts preclude classification as distilled or conductivity water under heading 2853 90 10. The demineralized water, retaining ordinary water characteristics, falls under CTH 2201 and entry of Schedule-III of Notification No. 01/2017-CT (Rate).
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