Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
TDS credit claims not reflected in Form 26AS require AO verification before allowance; the appellate direction permitting credit where Form 26AS shows TDS, or where the assessee produces evidence plus an indemnity bond, is valid only if the AO conducts necessary verification. The Tribunal found CIT(A) did not mandate unconditional credit but correctly required verification and therefore dismissed Revenue's challenge and the assessee's cross-objection, upholding that credits may be allowed after the AO's appropriate verification.
TDS credit claims not reflected in Form 26AS require AO verification before allowance; the appellate direction permitting credit where Form 26AS shows TDS, or where the assessee produces evidence plus an indemnity bond, is valid only if the AO conducts necessary verification. The Tribunal found CIT(A) did not mandate unconditional credit but correctly required verification and therefore dismissed Revenue's challenge and the assessee's cross-objection, upholding that credits may be allowed after the AO's appropriate verification.
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