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...
Royalty payable at reduced rate of 0.75% on FOB value upheld. Valuation of shares: AO directed to adopt projected growth rate of 19% as per assessee's valuation instead of 25% adopted by CIT(A). Deduction u/ss 80-IB and 80-IC allowed on receipts from sale of scrap, being part of manufacturing process and proximate gains from industrial undertaking. No substantial question of law arises.
Royalty payable at reduced rate of 0.75% on FOB value upheld. Valuation of shares: AO directed to adopt projected growth rate of 19% as per assessee's valuation instead of 25% adopted by CIT(A). Deduction u/ss 80-IB and 80-IC allowed on receipts from sale of scrap, being part of manufacturing process and proximate gains from industrial undertaking. No substantial question of law arises.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
