Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Capital gains exemption: payment for plot, architect fees and bona fide commencement of construction can satisfy utilisation requirement and secure re...
Blocking of input tax credit was contested on grounds of reversal of inadmissible credit with interest and penalty; the decision records that the authority applied its mind when passing the order because the petitioner produced invoices and e-way bill but failed to furnish additional evidence proving actual movement of goods, and thus the challenge lacks merits. The petitioner is granted liberty to file a statutory appeal before the Appellate Commissioner within thirty days and to adduce supporting documents and arguments before that forum.
Blocking of input tax credit was contested on grounds of reversal of inadmissible credit with interest and penalty; the decision records that the authority applied its mind when passing the order because the petitioner produced invoices and e-way bill but failed to furnish additional evidence proving actual movement of goods, and thus the challenge lacks merits. The petitioner is granted liberty to file a statutory appeal before the Appellate Commissioner within thirty days and to adduce supporting documents and arguments before that forum.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
