Programme production and copyright assignment can be separately taxed when the agreement shows distinct production activity on behalf of the broadcast...
Transshipment permission for courier import goods granted subject to customs supervision, bond compliance, sealing, escort and destination acknowledgm...
The Tribunal examined multiple search-related assessment issues, including section 68 cash credits, section 69C unexplained expenditure, bogus purchases, stock discrepancy, employees' contribution disallowance, and section 153A jurisdiction. It held that primary evidence such as confirmations, PAN, returns and bank statements was sufficient for section 68, and the Revenue had to conduct independent verification; the source of source was not required on these facts. It also sustained only the profit element in disputed purchases, deleted a stock-difference addition after reconciliation and valuation defects, remanded one seized-noting issue for fresh verification, upheld disallowance of delayed employees' contribution, and rejected the challenge to assessments based on seized material.
The Tribunal examined multiple search-related assessment issues, including section 68 cash credits, section 69C unexplained expenditure, bogus purchases, stock discrepancy, employees' contribution disallowance, and section 153A jurisdiction. It held that primary evidence such as confirmations, PAN, returns and bank statements was sufficient for section 68, and the Revenue had to conduct independent verification; the source of source was not required on these facts. It also sustained only the profit element in disputed purchases, deleted a stock-difference addition after reconciliation and valuation defects, remanded one seized-noting issue for fresh verification, upheld disallowance of delayed employees' contribution, and rejected the challenge to assessments based on seized material.
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