Assessee had to only write off debts as irrevocable in its account and not required to prove that they had become bad for its deduction
Only salary remitted by HO to liaison office set-up in India for routine operations: No GST would be attracted.
Admissibility of exemption u/s 54 if construction of house was commenced even before the date of transfer of original asset
Foreign agent commission and reimbursement of expenditure were not taxable in India and hence, section 195 had no application.
Reassessment notice issued under section 148 just to verify information received by Assessing Officer from VAT Department relating to purchase made by assessee from hawala dealers, was not justified
