Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
Page of 4916
Press 'Enter' after typing page number.
41 to 60 of 98302 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC determined that the vessel Asean Explorer qualified as a foreign going vessel under Section 87 of the Customs Act, 1961. The court rejected arguments that the vessel's berthing arrangements at Cochin Port or intermittent cable repair activities in the Indian Ocean negated its foreign going status. The vessel's contractual obligation to be ready for repair operations and its time charter agreement substantiated its classification. The court affirmed the Tribunal's original finding, emphasizing that the vessel satisfies the statutory definition without requiring strained interpretation. Consequently, the vessel remained entitled to the exemption, and the appeal was dismissed.
HC determined that the vessel Asean Explorer qualified as a foreign going vessel under Section 87 of the Customs Act, 1961. The court rejected arguments that the vessel's berthing arrangements at Cochin Port or intermittent cable repair activities in the Indian Ocean negated its foreign going status. The vessel's contractual obligation to be ready for repair operations and its time charter agreement substantiated its classification. The court affirmed the Tribunal's original finding, emphasizing that the vessel satisfies the statutory definition without requiring strained interpretation. Consequently, the vessel remained entitled to the exemption, and the appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
