Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Validity of reopening of assessment u/s 147 - no notice u/s 143(2) of the Act was issued by the AO for taking case under scrutiny - The Tribunal meticulously examined the issues raised by the assessee, including the validity of the reassessment and the addition to income. It delved into legal precedents and statutory provisions to arrive at a decision. Ultimately, the Tribunal found a jurisdictional defect in the reassessment proceedings, rendering them invalid. Consequently, the entire reassessment process was quashed, and the orders of the lower authorities were set aside.
Validity of reopening of assessment u/s 147 - no notice u/s 143(2) of the Act was issued by the AO for taking case under scrutiny - The Tribunal meticulously examined the issues raised by the assessee, including the validity of the reassessment and the addition to income. It delved into legal precedents and statutory provisions to arrive at a decision. Ultimately, the Tribunal found a jurisdictional defect in the reassessment proceedings, rendering them invalid. Consequently, the entire reassessment process was quashed, and the orders of the lower authorities were set aside.
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