#section 28
Log in to FollowEvery article filed under the “section 28” tag — analysis, news and updates.
502 articlesIncome Tax
Income Tax
Highseas Sale is non-speculative transaction as there is proper delivery of goods
Income Tax
Income Tax
Section 44BB has no application in absence of Permanent Establishment
Custom Duty
Custom Duty
Customs: Section 112(a) Penalty on overseas supplier imposable as offences committed within Indian territory
Income Tax
Income Tax
Proviso to section 36(1)(iii) not applicable as sufficient internal cash accruals available
Income Tax
Income Tax
Deeming fiction of section 50C doesn’t apply in case of purchaser
Income Tax
Income Tax
Depreciation u/s 32 allowable only when asset is put to use for business purpose
Custom Duty
Custom Duty
Confiscation of gold merely based on retracted statements unjustified
Custom Duty
Custom Duty
Customs: Re-valuation of goods without rejection of transaction value is invalid
Income Tax
Income Tax
Once appeal is adjudicated on merits, refusing to condone delay is an error
Income Tax
Income Tax
Deduction towards education Secondary & Secondary Higher Education Cess is not allowable
Custom Duty
Custom Duty
Reassessing ‘cameras’ under general description instead of declared specified classification unjustified
Custom Duty
Custom Duty
Benefit of exemption notification no. 102/2007 not deniable alleging imported goods were sawn and sold in DTA
Income Tax
Income Tax
Addition unsustainable as SCN issued by DRI lacks jurisdiction
Income Tax
Income Tax
