Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Non technical procedural non compliance in a faceless assessment regime was held insufficient to sustain an ex parte dismissal where the assessee offered a plausible explanation of limited literacy and unfamiliarity with electronic notices; the Tribunal treated substantive right to be heard and substantial justice as prevailing over mere technical default and found the appellate order procedurally defective for not permitting final production of loan sanction letters, bank certificates and interest certificates. The appellate order was set aside and the matter remitted to the Assessing Officer for fresh adjudication with directed verification of the loan and interest documents and a reasonable opportunity to produce evidence, subject to a warning that further non cooperation may attract adverse inference.
Non technical procedural non compliance in a faceless assessment regime was held insufficient to sustain an ex parte dismissal where the assessee offered a plausible explanation of limited literacy and unfamiliarity with electronic notices; the Tribunal treated substantive right to be heard and substantial justice as prevailing over mere technical default and found the appellate order procedurally defective for not permitting final production of loan sanction letters, bank certificates and interest certificates. The appellate order was set aside and the matter remitted to the Assessing Officer for fresh adjudication with directed verification of the loan and interest documents and a reasonable opportunity to produce evidence, subject to a warning that further non cooperation may attract adverse inference.
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