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...
ITAT reversed additions made under s.69A based on seized digital ledger "Hazir Johri." The disputed ledger "Sanmati 1586" contained merged entries of multiple unrelated parties alongside assessee's transactions. Revenue authorities failed to provide concrete evidence linking assessee to all transactions or substantiate the nature of entries where assessee was named. No corroborative documentation like bills, vouchers, or stock registers established cash sales attribution to assessee. Following precedent where similar merged ledgers were deemed insufficient basis for additions, ITAT held that reliance on Hazir Johri software alone cannot sustain additions without supporting evidence. Assessee's explanation was considered plausible, and additions were deleted.
ITAT reversed additions made under s.69A based on seized digital ledger "Hazir Johri." The disputed ledger "Sanmati 1586" contained merged entries of multiple unrelated parties alongside assessee's transactions. Revenue authorities failed to provide concrete evidence linking assessee to all transactions or substantiate the nature of entries where assessee was named. No corroborative documentation like bills, vouchers, or stock registers established cash sales attribution to assessee. Following precedent where similar merged ledgers were deemed insufficient basis for additions, ITAT held that reliance on Hazir Johri software alone cannot sustain additions without supporting evidence. Assessee's explanation was considered plausible, and additions were deleted.
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