Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
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...
Exemption/deduction u/s 54F - New investment made in wife's name. Sec.54F allows purchase/construction within specified timelines. No requirement for same sale proceeds to be utilized. Precedent supports liberal construction of Sec. 54F. Assessee paid Rs. 20 Lacs for construction, supporting claim. Common interest of assessee and wife in investment. Eligible for deduction. Precedent allows full deduction for joint investment with spouse. AO directed to allow claim.
Exemption/deduction u/s 54F - New investment made in wife's name. Sec.54F allows purchase/construction within specified timelines. No requirement for same sale proceeds to be utilized. Precedent supports liberal construction of Sec. 54F. Assessee paid Rs. 20 Lacs for construction, supporting claim. Common interest of assessee and wife in investment. Eligible for deduction. Precedent allows full deduction for joint investment with spouse. AO directed to allow claim.
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