Arrest safeguards and transit remand requirements invalidated detention following inter-State transfer without communicated grounds or magistrate auth...
Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
ITAT allowed the appeal for statistical purposes, remanding the case to the AO to verify whether the assessee claimed asset acquisition costs as "application of income" in current or prior years. The Tribunal held that depreciation disallowance under Section 11(6) is permissible only if asset acquisition costs were previously claimed as income application. Based on the assessee's Chartered Accountant certificate and record verification, the Tribunal directed the AO to conduct a comprehensive review and provide relief if no prior income application claim is found, ensuring procedural fairness and compliance with statutory provisions.
ITAT allowed the appeal for statistical purposes, remanding the case to the AO to verify whether the assessee claimed asset acquisition costs as "application of income" in current or prior years. The Tribunal held that depreciation disallowance under Section 11(6) is permissible only if asset acquisition costs were previously claimed as income application. Based on the assessee's Chartered Accountant certificate and record verification, the Tribunal directed the AO to conduct a comprehensive review and provide relief if no prior income application claim is found, ensuring procedural fairness and compliance with statutory provisions.
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