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...
Revision u/s 263 challenged for lack of proper inquiry by Assessing Officer regarding cash deposits during demonetization, scrap sales, and non-submission of audit report. ITAT set aside revision order. Substantial question of law raised. Held that department only challenged factual findings of Tribunal. Supreme Court precedents establish that no substantial question of law arises from factual findings unless perverse. Perversity defined as finding without evidence, unreasonable, based on surmises or suspicion. Tribunal's factual finding perverse only if affecting substantial rights of assessee unreasonably based on record. Tribunal examined facts in detail before ruling in assessee's favor. No perversity found in Tribunal's fact finding.
Revision u/s 263 challenged for lack of proper inquiry by Assessing Officer regarding cash deposits during demonetization, scrap sales, and non-submission of audit report. ITAT set aside revision order. Substantial question of law raised. Held that department only challenged factual findings of Tribunal. Supreme Court precedents establish that no substantial question of law arises from factual findings unless perverse. Perversity defined as finding without evidence, unreasonable, based on surmises or suspicion. Tribunal's factual finding perverse only if affecting substantial rights of assessee unreasonably based on record. Tribunal examined facts in detail before ruling in assessee's favor. No perversity found in Tribunal's fact finding.
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