#section 28
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502 articlesCustom Duty

Custom Duty
Light Green Float Glass (tinted non-wired type) should be classified under Tinted Glass subject to detailed examination
Income Tax

Income Tax
Interest from co-operative society and not co-operative bank is eligible for deduction u/s. 80P(2)(d): ITAT Bangalore
Custom Duty

Custom Duty
Customs duty exemption available on flood lights installed in stadium and used for all matches
Income Tax

Income Tax
Prepaid finance charges should be allowed in the year of payment instead of over Loan period
Income Tax

Income Tax
Amount received as compensation u/s 28 of Land Acquisition Act was taxable u/s 56(2)(viii) r.w.s 145B(1) and not exempt u/s 10(37)
Income Tax

Income Tax
Reimbursement on account of secondment of employees cannot be treated as FTS: ITAT Delhi
Custom Duty

Custom Duty
It is not justified to impose redemption fine equal to value of goods: CESTAT Delhi
Custom Duty

Custom Duty
Rejecting request for amendment of BOE without awaiting outcome of DRI investigation not justified
Custom Duty

Custom Duty
Clear Float Glass is classifiable under Customs Tariff Heading 7005 1090: CESTAT Chennai
Income Tax

Income Tax
Compensation paid to ESOP holders qualifies as perquisite hence taxable as salary income: Madras HC
Income Tax

Income Tax
Amount received for not carrying out any activity relating to business taxable as business income: Kerala HC
Service Tax

Service Tax
Activity of granting call option doesn’t qualify as rendering of service: CESTAT Delhi
Income Tax

Income Tax
Deduction u/s. 36(1)(viia) without provision for bad & doubtful debts in books not allowable: ITAT Hyderabad
Corporate Law

Corporate Law
