Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Penalty u/s 271(1)(c) - assessee has admitted part disallowance of expenses - admission of expenses could not be construed that the assessee has admitted allegations that he has furnished inaccurate particulars - AO need to demonstrate that the explanation of the expenditure given by the assessee was false - No penalty
Penalty u/s 271(1)(c) - assessee has admitted part disallowance of expenses - admission of expenses could not be construed that the assessee has admitted allegations that he has furnished inaccurate particulars - AO need to demonstrate that the explanation of the expenditure given by the assessee was false - No penalty
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