Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
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...
Bogus purchases - the assessee could not produce the transportation evidences or expenditure incurred on account of transportation in regard to these purchases. - the assessee might have purchases from grey market and also saved VAT. Hence, a reasonable profit on these bogus bills can be estimated, as 5% - AT
Bogus purchases - the assessee could not produce the transportation evidences or expenditure incurred on account of transportation in regard to these purchases. - the assessee might have purchases from grey market and also saved VAT. Hence, a reasonable profit on these bogus bills can be estimated, as 5% - AT
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