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...
Addition of interest on paid on loan - diversion of fund - if the business concern show profit at the end of the year, it is an added feature which proves that the transactions entered by the concern are for commercial expediency and in the regular course of business - no addition
Addition of interest on paid on loan - diversion of fund - if the business concern show profit at the end of the year, it is an added feature which proves that the transactions entered by the concern are for commercial expediency and in the regular course of business - no addition
Note: It is a system-generated summary and is for quick reference only.
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