Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Compounding of Offences - suppression of sales turnover - failure to take registration - Kerala VAT Act - Special Rebate - t the assessee had been carrying on job-works as also the fact that the assessee is dis-entitled from claiming special rebate we modify the further addition to be at 25% (1/4th ) of the actual addition made on account of the sales and purchases as adopted by the Assessing Officer.
Compounding of Offences - suppression of sales turnover - failure to take registration - Kerala VAT Act - Special Rebate - t the assessee had been carrying on job-works as also the fact that the assessee is dis-entitled from claiming special rebate we modify the further addition to be at 25% (1/4th ) of the actual addition made on account of the sales and purchases as adopted by the Assessing Officer.
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