Fake-invoice penalties remain available where taxpayer admissions and records establish unsupported input tax credit claims and false GST documentatio...
Works contract classification applies to permanently installed fire-protection systems, while earthwork and obsolete IGST concessions remain unavailab...
Professional fee recovery for GST refund representation succeeds where direct engagement, fee acknowledgement, and authority are established despite c...
Transfer pricing of intra-group support services requires prescribed benchmarking; unsupported nil valuation and alternate business-expense disallowan...
Benami status of agricultural land transactions was established through evidence that the ostensible holder lacked financial capacity, bank records did not support funding for the purchases or later transfers, and an initial sworn statement identified the beneficial owners. Subsequent transfers to family members of the beneficial owners and an unexplained reduction in stated consideration corroborated that statement; an unsupported retraction did not displace it. Restrictions on transfer of Scheduled Caste land to persons of other categories formed part of the surrounding circumstances. The properties remained subject to confirmed provisional attachment, and the challenges failed.
Benami status of agricultural land transactions was established through evidence that the ostensible holder lacked financial capacity, bank records did not support funding for the purchases or later transfers, and an initial sworn statement identified the beneficial owners. Subsequent transfers to family members of the beneficial owners and an unexplained reduction in stated consideration corroborated that statement; an unsupported retraction did not displace it. Restrictions on transfer of Scheduled Caste land to persons of other categories formed part of the surrounding circumstances. The properties remained subject to confirmed provisional attachment, and the challenges failed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
