Request-driven road restoration attracts reverse-charge GST, not governmental-function treatment or compensatory-damages status for business recipient...
Road restoration charges for commercial pipeline works are taxable Government services, with reverse charge liability and no public-function exemption...
Model-wise import cap monitoring cannot justify withholding used multifunction machines where all-India tracking is absent and full security is furnis...
HC held that the petitioner failed to exercise the option for lower taxation under Section 115BAA before the prescribed due date for income tax return. Despite extended filing timelines due to COVID-19, the petitioner explicitly indicated "none of above" when asked about opting for the lower tax rate. The court rejected arguments about inadvertent non-selection and found that the CBDT Circular 6/2022 did not apply, as the petitioner did not satisfy the condition of opting for lower taxation in the return. Consequently, the petitioner was not eligible for the beneficial tax treatment under Section 115BAA for the assessment year 2020-21.
HC held that the petitioner failed to exercise the option for lower taxation under Section 115BAA before the prescribed due date for income tax return. Despite extended filing timelines due to COVID-19, the petitioner explicitly indicated "none of above" when asked about opting for the lower tax rate. The court rejected arguments about inadvertent non-selection and found that the CBDT Circular 6/2022 did not apply, as the petitioner did not satisfy the condition of opting for lower taxation in the return. Consequently, the petitioner was not eligible for the beneficial tax treatment under Section 115BAA for the assessment year 2020-21.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
