Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
Whether the assessee qualified as an Urban Local Body for exemption under section 10(20) was the primary issue; the Tribunal relied on subsequent assessment-year records showing the Revenue had dropped reassessment proceedings after recording that the assessee qualified as a local authority, treating those administrative actions and available materials as determinative. Applying that principle, the Tribunal held the assessee entitled to exemption and set aside additions made by the AO and affirmed by the CIT(A), deleting the assessed income for the relevant year and granting consequential relief to the assessee.
Whether the assessee qualified as an Urban Local Body for exemption under section 10(20) was the primary issue; the Tribunal relied on subsequent assessment-year records showing the Revenue had dropped reassessment proceedings after recording that the assessee qualified as a local authority, treating those administrative actions and available materials as determinative. Applying that principle, the Tribunal held the assessee entitled to exemption and set aside additions made by the AO and affirmed by the CIT(A), deleting the assessed income for the relevant year and granting consequential relief to the assessee.
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