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...
Penalty u/s 271(1)(b) - non-compliance of notice issued u/s 142(1) - Referring to the precedent set by the Supreme Court in Hindustan Steel Ltd. vs. State of Orissa, the Tribunal emphasized that penalties should not be levied if the conduct of the assessee is not contumacious. In this case, the Tribunal found no evidence of contumacious behavior on the part of the appellant.
Penalty u/s 271(1)(b) - non-compliance of notice issued u/s 142(1) - Referring to the precedent set by the Supreme Court in Hindustan Steel Ltd. vs. State of Orissa, the Tribunal emphasized that penalties should not be levied if the conduct of the assessee is not contumacious. In this case, the Tribunal found no evidence of contumacious behavior on the part of the appellant.
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