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...
Capital gains on partition among family members - determining market value of property - compromise decree resulted in assessee acquiring shares of others - no transfer of property from co-sharers to assessee for 6/8th share on payment of sum - assessee deemed to have acquired property under decree on devolution from father, not through co-parceners - entire capital gains to be treated as long-term - decided in favor of assessee.
Capital gains on partition among family members - determining market value of property - compromise decree resulted in assessee acquiring shares of others - no transfer of property from co-sharers to assessee for 6/8th share on payment of sum - assessee deemed to have acquired property under decree on devolution from father, not through co-parceners - entire capital gains to be treated as long-term - decided in favor of assessee.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
