Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
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...
CESTAT ruled on classification dispute regarding Light Green Float Glass imports. The appellant sought classification under CTI 7005 10 10 of Customs Tariff Act, 1975, qualifying for basic customs duty exemption under 01.06.2011 notification. Examining test reports from CSIR Kolkata confirming presence of absorbent layer on tin side (fluorescent under UV illumination), CESTAT upheld previous Commissioner (Appeals) order classifying goods under CTI 7005 10 10. The Tribunal determined that goods satisfied conditions of Note 2(c) of Chapter 70, rejecting department's contention for classification under CTI 7005 21 10. Appeal dismissed, confirming classification under CTI 7005 10 10 with applicable duty exemption benefits.
CESTAT ruled on classification dispute regarding Light Green Float Glass imports. The appellant sought classification under CTI 7005 10 10 of Customs Tariff Act, 1975, qualifying for basic customs duty exemption under 01.06.2011 notification. Examining test reports from CSIR Kolkata confirming presence of absorbent layer on tin side (fluorescent under UV illumination), CESTAT upheld previous Commissioner (Appeals) order classifying goods under CTI 7005 10 10. The Tribunal determined that goods satisfied conditions of Note 2(c) of Chapter 70, rejecting department's contention for classification under CTI 7005 21 10. Appeal dismissed, confirming classification under CTI 7005 10 10 with applicable duty exemption benefits.
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