Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
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ITAT quashed the reassessment proceedings initiated under s.147, finding the AO adopted a "blind approach" without proper appreciation of facts. The notice dated 31/03/2019 under s.148 and subsequent assessment order under s.143(3) read with s.147 were invalidated. The Tribunal upheld CIT(A)'s deletion of additions related to UK Film Tax Relief, noting these amounts had already been accounted for by EMIL in net realization figures. Regarding payments to Winford Production Ltd (UK), ITAT determined these were mere reimbursements of expenses for shooting arrangements and not fees for technical services under Indo-UK DTAA, as no technical knowledge was "made available" to the assessee. Consequently, no TDS obligation arose under s.195, and disallowance under s.40(a)(i) was deleted.
ITAT quashed the reassessment proceedings initiated under s.147, finding the AO adopted a "blind approach" without proper appreciation of facts. The notice dated 31/03/2019 under s.148 and subsequent assessment order under s.143(3) read with s.147 were invalidated. The Tribunal upheld CIT(A)'s deletion of additions related to UK Film Tax Relief, noting these amounts had already been accounted for by EMIL in net realization figures. Regarding payments to Winford Production Ltd (UK), ITAT determined these were mere reimbursements of expenses for shooting arrangements and not fees for technical services under Indo-UK DTAA, as no technical knowledge was "made available" to the assessee. Consequently, no TDS obligation arose under s.195, and disallowance under s.40(a)(i) was deleted.
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