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...
Addition u/s 69A r.w.s. 115BBE - assessee deposited cash during demonetization period - The Appellate Tribunal found the appellant's claim backed by sufficient documentary evidence, concluding that no addition could be made solely based on suspicion. As the cash generated from sales was duly reflected in the books of accounts, the provisions of Sec. 69A were not applicable. Ultimately, the Tribunal allowed the appellant's appeal, overturning the additions made by the assessing authority.
Addition u/s 69A r.w.s. 115BBE - assessee deposited cash during demonetization period - The Appellate Tribunal found the appellant's claim backed by sufficient documentary evidence, concluding that no addition could be made solely based on suspicion. As the cash generated from sales was duly reflected in the books of accounts, the provisions of Sec. 69A were not applicable. Ultimately, the Tribunal allowed the appellant's appeal, overturning the additions made by the assessing authority.
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