Automotive radio classification treats integrated infotainment features as supplementary, placing complete and qualifying unassembled units under the ...
Separate corporate personality prevents directors from being personally liable for company deposits without a guarantee or independent legal undertaki...
Cross-segment derivatives manipulation: integrated order patterns can support interim restraints, while director liability requires responsibility, co...
Power bank definition limits the customs-duty exclusion, preserving concessional treatment for stationary, grid-scale and industrial battery storage s...
On-money forming part of consideration for sale of flats accrues when the sale deed is executed and title transfers, rather than on mere receipt as an advance, under the project-completion method. Disclosed on-money offered in the respective years of sale-deed registration cannot be taxed wholly in the earlier assessment year without verifying later-year tax offerings. Balance additions require limited verification of income offered within the stipulated undertaking periods; verified amounts must be deleted, while amounts not offered may be taxed in the earlier year. No further deferment beyond those stipulated periods is permitted.
On-money forming part of consideration for sale of flats accrues when the sale deed is executed and title transfers, rather than on mere receipt as an advance, under the project-completion method. Disclosed on-money offered in the respective years of sale-deed registration cannot be taxed wholly in the earlier assessment year without verifying later-year tax offerings. Balance additions require limited verification of income offered within the stipulated undertaking periods; verified amounts must be deleted, while amounts not offered may be taxed in the earlier year. No further deferment beyond those stipulated periods is permitted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4902 
