Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Reassessment u/s 147 - reasons recorded without referring assessment u/s 143 (3) explains why the reasons for re-opening the assessment does not advert earlier proceedings particularly questionnaires issued by the AO specifically on the issue of the loan from PACL - all the material regarding the transaction with PACL was already available - no fresh tangible material - reassessment quashed
Reassessment u/s 147 - reasons recorded without referring assessment u/s 143 (3) explains why the reasons for re-opening the assessment does not advert earlier proceedings particularly questionnaires issued by the AO specifically on the issue of the loan from PACL - all the material regarding the transaction with PACL was already available - no fresh tangible material - reassessment quashed
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