Monday, December 6, 2021

Waste occurred during processing does not amount to manufacture, hence no Excise Duty: CESTAT

EXCISE/ST/VAT: 'Dolachar' or 'coalchar' being waste item arising in course of manufacture of sponge iron, is not liable to duty

from www.taxmann.com Latest Case Laws https://ift.tt/3InhuRo

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...