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...
IGST exemption on imported engine stands claimed under Sr. No. 557B of Notification No. 50/2017 was remitted for fresh decision because the show cause notice itself treated the imports as lease-based and the existing bond documents were on record; the Principal Commissioner was directed to reconsider the claim after allowing the importer to file the lease agreements and supporting material. Classification of the engine stands was also remitted, as the Tribunal noted its earlier decision in Interglobe Aviation Ltd. classifying such goods under CTI 8609 00 00 rather than CTI 8716 39 00, and directed fresh examination in that light. No final merits determination was made on either issue.
IGST exemption on imported engine stands claimed under Sr. No. 557B of Notification No. 50/2017 was remitted for fresh decision because the show cause notice itself treated the imports as lease-based and the existing bond documents were on record; the Principal Commissioner was directed to reconsider the claim after allowing the importer to file the lease agreements and supporting material. Classification of the engine stands was also remitted, as the Tribunal noted its earlier decision in Interglobe Aviation Ltd. classifying such goods under CTI 8609 00 00 rather than CTI 8716 39 00, and directed fresh examination in that light. No final merits determination was made on either issue.
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