Reopening Assessments invalid where satisfaction and jurisdictional approval are absent for third party seized material, leading to quashing of assess...
Benami property exclusion from the insolvency estate: Benami Act proceedings preclude IBC tribunals from reopening attachments or treating such assets...
Page of 4824
Press 'Enter' after typing page number.
6141 to 6160 of 96463 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Input tax credit was allowed on inputs and input services used to construct a concrete VCV tower supporting the VCV line for manufacture of EHV cables. The Authority held that the controlling question under section 17(5)(c) and (d) was whether the tower was foundation or structural support of plant and machinery. As the tower was indispensable for holding, stabilising and supporting the vertically laid manufacturing line and maintaining its integrity and efficiency, it fell within the Explanation to section 17 as plant and machinery. The exclusion for land, building or other civil structures was held not to cover such structural support, so the blocked-credit bar did not apply.
Input tax credit was allowed on inputs and input services used to construct a concrete VCV tower supporting the VCV line for manufacture of EHV cables. The Authority held that the controlling question under section 17(5)(c) and (d) was whether the tower was foundation or structural support of plant and machinery. As the tower was indispensable for holding, stabilising and supporting the vertically laid manufacturing line and maintaining its integrity and efficiency, it fell within the Explanation to section 17 as plant and machinery. The exclusion for land, building or other civil structures was held not to cover such structural support, so the blocked-credit bar did not apply.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4824 
Join Channel 
