Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Revision u/s 263 - provision of s.56(2)(vii)(b)(ii) was applicable - market value of the subject property vs stamp value - the stated sale consideration is not the actual sale consideration and, therefore, the deeming of sec. 56(2)(vii)(b) shall apply - the difference in value may well have been paid upon or prior to the execution of the sale deed and its presentation for registration - This is as, where so, the addition would in that case arise only for AY 2013-14, and not AY 2014-15, the current year. - AT
Revision u/s 263 - provision of s.56(2)(vii)(b)(ii) was applicable - market value of the subject property vs stamp value - the stated sale consideration is not the actual sale consideration and, therefore, the deeming of sec. 56(2)(vii)(b) shall apply - the difference in value may well have been paid upon or prior to the execution of the sale deed and its presentation for registration - This is as, where so, the addition would in that case arise only for AY 2013-14, and not AY 2014-15, the current year. - AT
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