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...
Penalty u/s 271B - receipt from profession or receipt from business - the company in itself cannot be said to be having any professional qualification or education - It was running only with a motive to earn profit through engagement of specialized doctors and with the help of plant & machinery - carrying on a profession, possession of some professional qualification is must - penalty deleted
Penalty u/s 271B - receipt from profession or receipt from business - the company in itself cannot be said to be having any professional qualification or education - It was running only with a motive to earn profit through engagement of specialized doctors and with the help of plant & machinery - carrying on a profession, possession of some professional qualification is must - penalty deleted
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