Assessment time-barred u/s 153 due to missing competent-authority reference for Singapore exchange of information; assessment disallowed as barred by ...
Imported menthol-scented sweet supari classification dispute: seizure quashed, release for home consumption subject to duty bond; bank guarantee refus...
CKD/SKD air-conditioner components classifiable with finished units by essential character; prior advance ruling extended three years, FTA benefits po...
Scope of judicial review under Article 226: supervisory, not appellate; factual reappraisal barred, challenge dismissed; insolvency professional dutie...
Deduction under section 35(1)(ii) was denied because the recipient trust lacked valid recognition beyond 31.03.2006 and post 2006 certificates/receipts were treated as forged or invalid; ITAT upheld disallowance, endorsing the Commissioner(Appeals) reliance on CBDT instructions and precedent. Separately, weighted deductions under section 80 IA for an effluent treatment plant and steam generation were refused for failure to furnish the statutory audit report/Form 10CCB within the prescribed period; ITAT applied the principle of strict/substantial compliance of fiscal formalities and held the conditions precedent unmet, so deductions could not be allowed. Appeals dismissed on both grounds.
Deduction under section 35(1)(ii) was denied because the recipient trust lacked valid recognition beyond 31.03.2006 and post 2006 certificates/receipts were treated as forged or invalid; ITAT upheld disallowance, endorsing the Commissioner(Appeals) reliance on CBDT instructions and precedent. Separately, weighted deductions under section 80 IA for an effluent treatment plant and steam generation were refused for failure to furnish the statutory audit report/Form 10CCB within the prescribed period; ITAT applied the principle of strict/substantial compliance of fiscal formalities and held the conditions precedent unmet, so deductions could not be allowed. Appeals dismissed on both grounds.
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