Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Page of 4801
Press 'Enter' after typing page number.
341 to 360 of 96001 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The Delhi HC reiterated that derecognition of income relating to consumers' share of efficiency gains and the deduction under section 80-IA were already covered against the Department by its earlier decision in Tata Power Delhi Distribution Ltd., leaving no surviving question. It further upheld deletion of disallowance under section 43B for uncollected energy tax, accepting that the tax became payable only when collected from consumers. The Court also treated interest on consumer security deposits as an accrued statutory and contractual liability, not a contingent one, and held that UPS forms an integral part of a computer system, so depreciation at the computer rate was proper. The appeal was dismissed.
The Delhi HC reiterated that derecognition of income relating to consumers' share of efficiency gains and the deduction under section 80-IA were already covered against the Department by its earlier decision in Tata Power Delhi Distribution Ltd., leaving no surviving question. It further upheld deletion of disallowance under section 43B for uncollected energy tax, accepting that the tax became payable only when collected from consumers. The Court also treated interest on consumer security deposits as an accrued statutory and contractual liability, not a contingent one, and held that UPS forms an integral part of a computer system, so depreciation at the computer rate was proper. The appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
