Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Section 54 construction relief survives pre-transfer commencement when completion occurs within the statutory period, excluding ineligible spouse-owne...
CESTAT examined service tax liability for electricity transmission/distribution services. Court held subcontractors must pay service tax independently even if main contractor paid tax on full amount, following precedent in Melange Developers. Regarding N/N. 45/2010-S.T. exemption for electricity transmission services, matter remanded to adjudicating authority to verify work orders and determine eligibility. Authority directed to examine extended limitation period applicability based on specific circumstances and verify if appellant acted as subcontractor. Additional service categories including site formation, transport, and construction services also remanded for fresh examination of work orders. Matter disposed through remand for comprehensive review of documentary evidence and precise determination of tax liability periods.
CESTAT examined service tax liability for electricity transmission/distribution services. Court held subcontractors must pay service tax independently even if main contractor paid tax on full amount, following precedent in Melange Developers. Regarding N/N. 45/2010-S.T. exemption for electricity transmission services, matter remanded to adjudicating authority to verify work orders and determine eligibility. Authority directed to examine extended limitation period applicability based on specific circumstances and verify if appellant acted as subcontractor. Additional service categories including site formation, transport, and construction services also remanded for fresh examination of work orders. Matter disposed through remand for comprehensive review of documentary evidence and precise determination of tax liability periods.
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