Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
