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...
Page of 4824
Press 'Enter' after typing page number.
161 to 180 of 96463 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Bogus purchase bills from certain ‘hawala’ dealers - The Tribunal found the assessee failed to substantiate the genuineness of the purchases from alleged Hawala dealers, with various evidences like returned notices, inability to produce vendors, and lack of stock register verification supporting the Assessing Officer's conclusions. - The Tribunal rejected the assessee's argument for restricting disallowance to a certain percentage of gross profit, emphasizing the absence of concrete evidence like a stock register to establish the actual receipt and sale of goods corresponding to the bogus purchases. - Addition against entire amount of bogus purchase confirmed.
Bogus purchase bills from certain ‘hawala’ dealers - The Tribunal found the assessee failed to substantiate the genuineness of the purchases from alleged Hawala dealers, with various evidences like returned notices, inability to produce vendors, and lack of stock register verification supporting the Assessing Officer's conclusions. - The Tribunal rejected the assessee's argument for restricting disallowance to a certain percentage of gross profit, emphasizing the absence of concrete evidence like a stock register to establish the actual receipt and sale of goods corresponding to the bogus purchases. - Addition against entire amount of bogus purchase confirmed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4824 
Join Channel 
