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 allowed the assessee's appeal regarding data transmission service receipts classified as royalty under Section 9(1)(vi) and Article 12(4) of the India-Netherlands DTAA. The Tribunal followed consistent precedents from assessment years 2006-07 to 2021-22, including High Court decisions in the assessee's own case. The Tribunal held that Finance Act 2012 amendments do not affect existing DTAA Article 12 provisions, and the Asia Satellite precedent's interpretation of "royalty" remains applicable for pre-2012 assessment years and DTAA cases. The addition was deleted as data transmission service income does not constitute royalty unless DTAAs are bilaterally amended to specifically include such services within the royalty definition.
ITAT allowed the assessee's appeal regarding data transmission service receipts classified as royalty under Section 9(1)(vi) and Article 12(4) of the India-Netherlands DTAA. The Tribunal followed consistent precedents from assessment years 2006-07 to 2021-22, including High Court decisions in the assessee's own case. The Tribunal held that Finance Act 2012 amendments do not affect existing DTAA Article 12 provisions, and the Asia Satellite precedent's interpretation of "royalty" remains applicable for pre-2012 assessment years and DTAA cases. The addition was deleted as data transmission service income does not constitute royalty unless DTAAs are bilaterally amended to specifically include such services within the royalty definition.
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