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...
Addition made on account of EDC paid to HUDA was considered reimbursable and not part of profit, hence disallowed. Addition u/s 43CA for difference between actual sale consideration and circle rate was remitted to AO for verification after considering facts. Addition u/s 68 for non-providing PAN of flat buyers was deleted as mere non-submission of PAN cannot lead to disallowance u/s 68 when relevant details were provided. Revenue's appeal was dismissed.
Addition made on account of EDC paid to HUDA was considered reimbursable and not part of profit, hence disallowed. Addition u/s 43CA for difference between actual sale consideration and circle rate was remitted to AO for verification after considering facts. Addition u/s 68 for non-providing PAN of flat buyers was deleted as mere non-submission of PAN cannot lead to disallowance u/s 68 when relevant details were provided. Revenue's appeal was dismissed.
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