Reassessment for unreturned property sales survives where transfer information, non-filing, and unsupported exemption claims establish a prima facie l...
Profit-element taxation limits additions for unaccounted flat-sale receipts and grey-market purchases, while reliable search records support partial a...
Non-participating bidders cannot disturb concluded liquidation sales on speculative prejudice, while costs for such challenges must remain proportiona...
CENVAT Credit - Common inputs/input services used in manufacture of taxable goods as well as in trading activity - the works contract remains works contract and cannot be vivisected for taxing various activities under different services. - merely because the amounts billed by the appellant separately in a commercial invoice of these items can’t be treated as a trading activity.
CENVAT Credit - Common inputs/input services used in manufacture of taxable goods as well as in trading activity - the works contract remains works contract and cannot be vivisected for taxing various activities under different services. - merely because the amounts billed by the appellant separately in a commercial invoice of these items can’t be treated as a trading activity.
Note: It is a system-generated summary and is for quick reference only.