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...
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Challenge to the detention/impounding of rubber process oil imported by the petitioner. The key points are: The sample was tested by a Chemical Examiner, but it is unclear if the examiner was recognized as per the relevant circular. The test report dated 31.12.2014 was allegedly not provided to the petitioner, preventing them from opposing the detention/unclearing of the goods as per rules and regulations. The High Court allowed the petition, likely directing the respondents to release the goods and potentially pay compensation for the improper detention.
Challenge to the detention/impounding of rubber process oil imported by the petitioner. The key points are: The sample was tested by a Chemical Examiner, but it is unclear if the examiner was recognized as per the relevant circular. The test report dated 31.12.2014 was allegedly not provided to the petitioner, preventing them from opposing the detention/unclearing of the goods as per rules and regulations. The High Court allowed the petition, likely directing the respondents to release the goods and potentially pay compensation for the improper detention.
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