Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Anti-dumping duty imposed on Titanium Dioxide imports from China was set aside after the parent notification was quashed in India Paint Association v. Union of India. The Court noted that the departmental instruction had been issued in light of that earlier ruling and that the petitioner's liability arose solely under the quashed notification. As a result, the order-in-original founded on that notification was also quashed, and the duty already collected was directed to be refunded within twelve weeks.
Anti-dumping duty imposed on Titanium Dioxide imports from China was set aside after the parent notification was quashed in India Paint Association v. Union of India. The Court noted that the departmental instruction had been issued in light of that earlier ruling and that the petitioner's liability arose solely under the quashed notification. As a result, the order-in-original founded on that notification was also quashed, and the duty already collected was directed to be refunded within twelve weeks.
Note: It is a system-generated summary and is for quick reference only.