Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
CIT(A) erred by assuming reassessment proceedings initiated by AO u/s 148A were valid, ignoring merits of earlier assessment orders dated 31.03.2022 passed pursuant to notice issued on 30.06.2021 under old Section 148. ITAT held assessment orders based on notice issued under non-existent Section 148 were invalid, quashing them. CIT(A) ought to have independently determined validity of impugned orders instead of treating them as non-est due to subsequent Section 148A proceedings. Decided in assessee's favor.
CIT(A) erred by assuming reassessment proceedings initiated by AO u/s 148A were valid, ignoring merits of earlier assessment orders dated 31.03.2022 passed pursuant to notice issued on 30.06.2021 under old Section 148. ITAT held assessment orders based on notice issued under non-existent Section 148 were invalid, quashing them. CIT(A) ought to have independently determined validity of impugned orders instead of treating them as non-est due to subsequent Section 148A proceedings. Decided in assessee's favor.
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