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...
HC upheld the reassessment proceedings against the taxpayer, finding the AO's reopening of the assessment valid. The court determined that the statutory provisions do not mandate the AO to explicitly point out the assessee's default at the notice stage. The procedural requirements were followed, including furnishing reasons upon request and allowing objections. The court rejected challenges to the reassessment, emphasizing that the procedural steps were consistent with established judicial precedents. The impugned orders were sustained, with the court noting the lower court's non-speaking order was vulnerable but ultimately maintaining the reassessment notices.
HC upheld the reassessment proceedings against the taxpayer, finding the AO's reopening of the assessment valid. The court determined that the statutory provisions do not mandate the AO to explicitly point out the assessee's default at the notice stage. The procedural requirements were followed, including furnishing reasons upon request and allowing objections. The court rejected challenges to the reassessment, emphasizing that the procedural steps were consistent with established judicial precedents. The impugned orders were sustained, with the court noting the lower court's non-speaking order was vulnerable but ultimately maintaining the reassessment notices.
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