Reasoned rectification orders require consideration of expenditure disclosed in income-tax returns, preventing revision based on incomplete income com...
Modified returns after business reorganisations cannot trigger fresh scrutiny once the original assessment was complete, invalidating related transfer...
Third-party loose sheets require reliable nexus before supporting unexplained expenditure additions; presumptions do not establish payer identity or o...
TNMM comparability using audited accounts and working-capital adjustments can eliminate unwarranted transfer-pricing additions where verified margins ...
Gross-profit additions on disputed purchases require reasoned appellate determination; disclosed claims alone do not support inaccurate-particulars pe...
Limitation after transfer-pricing remand: fresh TPO reference did not extend the assessment deadline, rendering the consequential assessment time-barr...
Interim judicial restraint on tax deduction prevents default, while supporting reasonable cause and penalty deletion for foreign-leg LFC reimbursement...
Palmolein classification defeated the crude-oil concession; material misdeclaration sustained recovery and confiscation, while separate false-document...
Laminated HDPE woven geomembrane used for waterproof pond lining, including Biofloc applications, is classified under tariff sub-heading 59111000 as a textile fabric for technical use. HDPE tapes and strips below 5 mm fall within Section XI, and their weaving produces textile fabric; lamination with plastic on both sides does not displace classification where the material serves a technical purpose under Chapter Note 8 to Chapter 59. The product attracted GST at 12 per cent up to 21 September 2025 and 5 per cent from 22 September 2025, following its placement under the relevant GST rate entries for tariff heading 5911.
Laminated HDPE woven geomembrane used for waterproof pond lining, including Biofloc applications, is classified under tariff sub-heading 59111000 as a textile fabric for technical use. HDPE tapes and strips below 5 mm fall within Section XI, and their weaving produces textile fabric; lamination with plastic on both sides does not displace classification where the material serves a technical purpose under Chapter Note 8 to Chapter 59. The product attracted GST at 12 per cent up to 21 September 2025 and 5 per cent from 22 September 2025, following its placement under the relevant GST rate entries for tariff heading 5911.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4905 
