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...
Addition made u/s. 69A - unexplained cash deposits - The Tribunal found merit in the assessee's argument that the cash on hand at the beginning of the financial year could reasonably explain the subsequent deposits during demonetization. - The Tribunal highlighted that previous judicial decisions have supported the notion that mere time gaps between cash withdrawals and deposits are not sufficient grounds for additions under Sec. 69A if the assessee provides a coherent trail of the cash flow.
Addition made u/s. 69A - unexplained cash deposits - The Tribunal found merit in the assessee's argument that the cash on hand at the beginning of the financial year could reasonably explain the subsequent deposits during demonetization. - The Tribunal highlighted that previous judicial decisions have supported the notion that mere time gaps between cash withdrawals and deposits are not sufficient grounds for additions under Sec. 69A if the assessee provides a coherent trail of the cash flow.
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