Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Classification of goods - Salwar/Churidhar sets - three pieces consisting of (1) unstitched Salwar(bottom), (2) laced/ hemmed/ knotted duppata and (3) Semi-stitched /Fully stitched Kurta(Top)/Top with defined neckline are ‘garments’ and not mere ‘fabric’ in three pieces - GST @ 5% if the sale Value is less than ₹ 1000/- per piece and value above @ 12%
Classification of goods - Salwar/Churidhar sets - three pieces consisting of (1) unstitched Salwar(bottom), (2) laced/ hemmed/ knotted duppata and (3) Semi-stitched /Fully stitched Kurta(Top)/Top with defined neckline are ‘garments’ and not mere ‘fabric’ in three pieces - GST @ 5% if the sale Value is less than ₹ 1000/- per piece and value above @ 12%
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
