Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
HC dismissed the writ petition on grounds of availability of alternative remedy under Section 85 of the Finance Act, 1994. The court noted a final order had been passed under Section 73(2) of the Finance Act, 1994 read with Section 174(2) of CGST Act, 2017. Recognizing the potential for rendering the petitioner remediless, the court disposed of the petition while emphasizing the existence of an alternative statutory mechanism for challenging the underlying order through prescribed legal channels.
HC dismissed the writ petition on grounds of availability of alternative remedy under Section 85 of the Finance Act, 1994. The court noted a final order had been passed under Section 73(2) of the Finance Act, 1994 read with Section 174(2) of CGST Act, 2017. Recognizing the potential for rendering the petitioner remediless, the court disposed of the petition while emphasizing the existence of an alternative statutory mechanism for challenging the underlying order through prescribed legal channels.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
