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...
Genuineness of sale price of shares - transfer of same share at different price - a much higher price in the hands of Empee Sugars & Chemicals Ltd., was undoubtedly to benefit to set off against capital gains against huge accumulated losses and at substantial lower price for benefit to the assessee by way of splitting up of the consideration for shares and non compete fee thereby being a device employed to evade tax - non compete fee is part of sales consideration
Genuineness of sale price of shares - transfer of same share at different price - a much higher price in the hands of Empee Sugars & Chemicals Ltd., was undoubtedly to benefit to set off against capital gains against huge accumulated losses and at substantial lower price for benefit to the assessee by way of splitting up of the consideration for shares and non compete fee thereby being a device employed to evade tax - non compete fee is part of sales consideration
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