Request-driven road restoration attracts reverse-charge GST, not governmental-function treatment or compensatory-damages status for business recipient...
Road restoration charges for commercial pipeline works are taxable Government services, with reverse charge liability and no public-function exemption...
Model-wise import cap monitoring cannot justify withholding used multifunction machines where all-India tracking is absent and full security is furnis...
Distinction between "lack of inquiry and inadequate inquiry" emphasized. Assessee underwent rigorous assessment proceedings with multiple notices and replies. AO accepted returned income after due diligence, proper inquiry, and verification. Raising queries and examining records shows AO's application of mind. Entire record examined before concluding AO didn't examine any issue. Enquiry methodology prescribed followed. AO framed assessment considering assessee's replies. PCIT didn't conduct bare minimum inquiry before terming AO's order erroneous and prejudicial. Impugned PCIT order without jurisdiction, in excess of jurisdiction, irregular exercise of jurisdiction, null, void, illegal, improper exercise of revisionary jurisdiction u/s 263. Decided in assessee's favor.
Distinction between "lack of inquiry and inadequate inquiry" emphasized. Assessee underwent rigorous assessment proceedings with multiple notices and replies. AO accepted returned income after due diligence, proper inquiry, and verification. Raising queries and examining records shows AO's application of mind. Entire record examined before concluding AO didn't examine any issue. Enquiry methodology prescribed followed. AO framed assessment considering assessee's replies. PCIT didn't conduct bare minimum inquiry before terming AO's order erroneous and prejudicial. Impugned PCIT order without jurisdiction, in excess of jurisdiction, irregular exercise of jurisdiction, null, void, illegal, improper exercise of revisionary jurisdiction u/s 263. Decided in assessee's favor.
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TaxTMI 
TaxTMI 
of 4918 
