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 partially allowed the assessee's appeal, restricting penalty u/s 271B to Rs 10,000/-. The Tribunal acknowledged electronic notice service to the assessee's email ID, which remained unrebutted. Applying established legal principles against double penalty for identical default, the Tribunal referenced precedent to delete the balance penalty. The decision emphasizes procedural fairness by limiting punitive measures to a proportionate quantum, ensuring compliance without excessive financial burden on the taxpayer.
ITAT partially allowed the assessee's appeal, restricting penalty u/s 271B to Rs 10,000/-. The Tribunal acknowledged electronic notice service to the assessee's email ID, which remained unrebutted. Applying established legal principles against double penalty for identical default, the Tribunal referenced precedent to delete the balance penalty. The decision emphasizes procedural fairness by limiting punitive measures to a proportionate quantum, ensuring compliance without excessive financial burden on the taxpayer.
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