Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Court directs petitioner to submit composite reply to show cause notice within two weeks. Respondents to provide opportunity of hearing to petitioner and pass reasoned order within six weeks of receiving reply. Order to be communicated to petitioner within two weeks thereafter. Court refrains from examining merits, petitioner free to raise points before respondents. Petition disposed.
Court directs petitioner to submit composite reply to show cause notice within two weeks. Respondents to provide opportunity of hearing to petitioner and pass reasoned order within six weeks of receiving reply. Order to be communicated to petitioner within two weeks thereafter. Court refrains from examining merits, petitioner free to raise points before respondents. Petition disposed.
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