Imported analyser diagnostic cartridges treated as accessories with analyser system, not standalone diagnostic reagents; extended limitation and penal...
Steel-timber construction shuttering/formwork tariff classification dispute: essential character held steel, classified as shuttering under Heading 73...
Family-linked property purchases using fabricated loan agreements and benami-style arrangements held to be crime proceeds; attachment upheld, appeal d...
Dispute concerns tax consequences of purchases of gold coins claimed as business promotion and staff welfare, reassessment treatment of dividend income claimed as exempt, and credits for advance tax and TDS. Tribunal found no independent material to prove purchases were bogus where sellers transactions were accepted as genuine; absence of stock register immaterial where items were immediately distributed and recipient details were produced, so expenditure disallowance under the general business proviso failed. Dividend exemption could not be negated by a computation-sheet adjustment absent reasons in the reassessment order. Relief directed to verify tax credits against Form 26AS.
Dispute concerns tax consequences of purchases of gold coins claimed as business promotion and staff welfare, reassessment treatment of dividend income claimed as exempt, and credits for advance tax and TDS. Tribunal found no independent material to prove purchases were bogus where sellers transactions were accepted as genuine; absence of stock register immaterial where items were immediately distributed and recipient details were produced, so expenditure disallowance under the general business proviso failed. Dividend exemption could not be negated by a computation-sheet adjustment absent reasons in the reassessment order. Relief directed to verify tax credits against Form 26AS.
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