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...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
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HC addressed a dispute over 2091 bags of Sodium Carbonate incorrectly declared as Arecanuts in import documentation. The court permitted the petitioner to submit additional representation for a Detention and Demurrage Free Certificate, requiring authorities to process such requests within two weeks after providing a hearing opportunity. The ruling established that petitioner may request Assistant Drug Controller inspection of goods, which must be facilitated within 48 hours. Authorities must consider granting clearance upon receiving No Objection Certificate from Assistant Drug Controller following inspection. Court emphasized procedural compliance while balancing regulatory oversight with commercial interests.
HC addressed a dispute over 2091 bags of Sodium Carbonate incorrectly declared as Arecanuts in import documentation. The court permitted the petitioner to submit additional representation for a Detention and Demurrage Free Certificate, requiring authorities to process such requests within two weeks after providing a hearing opportunity. The ruling established that petitioner may request Assistant Drug Controller inspection of goods, which must be facilitated within 48 hours. Authorities must consider granting clearance upon receiving No Objection Certificate from Assistant Drug Controller following inspection. Court emphasized procedural compliance while balancing regulatory oversight with commercial interests.
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