Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
IT Resilience Index requires market infrastructure institutions to automate resilience scoring, early warnings, and continuous service-delivery monito...
HC disposed of writ petition seeking to quash seizure panchanamas of gold jewellery worth Rs.3.17 crores weighing 4698.81 grams claimed as stock-in-trade. Gold was initially seized by Railway Police Force and subsequently requisitioned by Deputy Director of Income Tax under Section 132A of IT Act. Petitioner filed application for release under Section 132B to DDIT(Inv.) instead of Assessing Officer as statutorily required. HC directed that application be decided by proper AO within six weeks, finding interest of justice required compliance with first proviso to Section 132B requiring application to AO rather than DDIT(Inv.).
HC disposed of writ petition seeking to quash seizure panchanamas of gold jewellery worth Rs.3.17 crores weighing 4698.81 grams claimed as stock-in-trade. Gold was initially seized by Railway Police Force and subsequently requisitioned by Deputy Director of Income Tax under Section 132A of IT Act. Petitioner filed application for release under Section 132B to DDIT(Inv.) instead of Assessing Officer as statutorily required. HC directed that application be decided by proper AO within six weeks, finding interest of justice required compliance with first proviso to Section 132B requiring application to AO rather than DDIT(Inv.).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
