Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The petitioner was denied benefit under the MEIS Scheme due to an inadvertent mistake where the relevant entry was left blank by the employees of the Customs Broker. The court held that since the respondents had not examined the petitioner's case due to the inadvertent error, it was expedient to direct the respondent to undertake fresh examination of the 16 EDI shipping bills, treating the petitioner's submissions as a 'Yes'. The petitioner and/or authorized representative would be given an opportunity for a personal hearing and to provide relevant documents and clarifications sought by the respondent. The petition was disposed of accordingly.
The petitioner was denied benefit under the MEIS Scheme due to an inadvertent mistake where the relevant entry was left blank by the employees of the Customs Broker. The court held that since the respondents had not examined the petitioner's case due to the inadvertent error, it was expedient to direct the respondent to undertake fresh examination of the 16 EDI shipping bills, treating the petitioner's submissions as a 'Yes'. The petitioner and/or authorized representative would be given an opportunity for a personal hearing and to provide relevant documents and clarifications sought by the respondent. The petition was disposed of accordingly.
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