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...
ITAT allowed taxpayer's appeal regarding deduction claim under Section 80JJAA made in revised return. While AO rejected the claim solely due to timing of revised return filing, ITAT held that once revised return is accepted, all deductions claimed therein must be considered. Following SC precedent in G.M Knitting Industries, submission of prescribed Form 10DA during assessment proceedings constitutes valid compliance. Matter remanded to AO for verification of other eligibility conditions under Section 80JJAA and quantification of deduction amount. Appeal allowed for statistical purposes with direction to examine substantive qualification criteria rather than rejecting claim on procedural grounds.
ITAT allowed taxpayer's appeal regarding deduction claim under Section 80JJAA made in revised return. While AO rejected the claim solely due to timing of revised return filing, ITAT held that once revised return is accepted, all deductions claimed therein must be considered. Following SC precedent in G.M Knitting Industries, submission of prescribed Form 10DA during assessment proceedings constitutes valid compliance. Matter remanded to AO for verification of other eligibility conditions under Section 80JJAA and quantification of deduction amount. Appeal allowed for statistical purposes with direction to examine substantive qualification criteria rather than rejecting claim on procedural grounds.
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