Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Onus on Revenue to establish taxability of alleged receipts reflected in Form 26AS but not recorded in assessee's audited books. Assessee denied transaction with deductor party. Assessee filed TDS reconciliation statement and audited books before Assessing Officer. Revenue failed to demonstrate assessee received or accrued impugned sum taxable as income. Following K.P. Varghese case, impugned amount not income of assessee. Addition deleted, but assessee ineligible for erroneous TDS credit claimed. Assessee's appeal allowed.
Onus on Revenue to establish taxability of alleged receipts reflected in Form 26AS but not recorded in assessee's audited books. Assessee denied transaction with deductor party. Assessee filed TDS reconciliation statement and audited books before Assessing Officer. Revenue failed to demonstrate assessee received or accrued impugned sum taxable as income. Following K.P. Varghese case, impugned amount not income of assessee. Addition deleted, but assessee ineligible for erroneous TDS credit claimed. Assessee's appeal allowed.
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