Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
Credit for TDS reflected as deducted from the employee's income was denied solely because the employer failed to deposit the tax with the Central Government account. Applying the principle that an assessee cannot be prejudiced for the deductor's default where deduction is evidenced, the authority was directed to grant the TDS credit to the employee. Any recovery or adjustment already effected on account of the consequent demand was ordered to be refunded with statutory interest within eight weeks. - HC
Credit for TDS reflected as deducted from the employee's income was denied solely because the employer failed to deposit the tax with the Central Government account. Applying the principle that an assessee cannot be prejudiced for the deductor's default where deduction is evidenced, the authority was directed to grant the TDS credit to the employee. Any recovery or adjustment already effected on account of the consequent demand was ordered to be refunded with statutory interest within eight weeks. - HC
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