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...
Books of accounts accepted as maintained properly. Net profit not estimated by authorities as gross profit rate improved compared to previous year. Fall in net profit ratio attributed to decline in duty drawback and export incentives. Order of lower authorities set aside, directing acceptance of book results and deleting addition made. Assessee's appeal allowed by Appellate Tribunal.
Books of accounts accepted as maintained properly. Net profit not estimated by authorities as gross profit rate improved compared to previous year. Fall in net profit ratio attributed to decline in duty drawback and export incentives. Order of lower authorities set aside, directing acceptance of book results and deleting addition made. Assessee's appeal allowed by Appellate Tribunal.
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