Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Compliance with Dispute Resolution Panel directions under section 144C is mandatory when issuing the final assessment order. The text explains that where the Transfer Pricing Officer has given effect to those directions within the applicable limitation period, the Assessing Officer cannot issue a final order repeating the draft assessment position without incorporating them. A corrigendum issued after limitation cannot retrospectively cure that statutory defect or supply required findings, and is beyond jurisdiction. The described Tribunal decision therefore quashed the defective final assessment order, while leaving other grounds open.
Compliance with Dispute Resolution Panel directions under section 144C is mandatory when issuing the final assessment order. The text explains that where the Transfer Pricing Officer has given effect to those directions within the applicable limitation period, the Assessing Officer cannot issue a final order repeating the draft assessment position without incorporating them. A corrigendum issued after limitation cannot retrospectively cure that statutory defect or supply required findings, and is beyond jurisdiction. The described Tribunal decision therefore quashed the defective final assessment order, while leaving other grounds open.
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