Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Rejection of books of accounts - estimation of income from business - The Tribunal upheld the decision of the CIT(A)-NFAC, stating that substantial relief was already granted to the assessee. The Tribunal consistently held that profits should be estimated at 8% on main contracts and 5% on sub-contracts. The decision was based on precedent.
Rejection of books of accounts - estimation of income from business - The Tribunal upheld the decision of the CIT(A)-NFAC, stating that substantial relief was already granted to the assessee. The Tribunal consistently held that profits should be estimated at 8% on main contracts and 5% on sub-contracts. The decision was based on precedent.
Note: It is a system-generated summary and is for quick reference only.