Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Reversal of Cenvat credit proportionate to input service used for exempted goods along with interest is a valid option u/r 6(3) of Cenvat Credit Rules, 2004, and Revenue cannot insist on payment of 10% amount of value of exempted goods when assessee has opted for reversal with interest. Tribunal properly acted as appellate authority u/s 35C of Central Excise Act, 1944, and no substantial question of law arises from its order.
Reversal of Cenvat credit proportionate to input service used for exempted goods along with interest is a valid option u/r 6(3) of Cenvat Credit Rules, 2004, and Revenue cannot insist on payment of 10% amount of value of exempted goods when assessee has opted for reversal with interest. Tribunal properly acted as appellate authority u/s 35C of Central Excise Act, 1944, and no substantial question of law arises from its order.
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