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...
ITAT dismissed Revenue's appeal challenging CIT(A)'s order granting exemption u/s 11 to assessee trust. AO had denied exemption solely due to assessee's non-participation in assessment proceedings without examining merits. ITAT upheld CIT(A)'s admission of additional evidence under Rule 46A, finding sufficient cause for assessee's non-appearance as they were unaware of proceedings. CIT(A) correctly accepted final balance sheet as true statement of affairs, confirmed by AO's remand report showing accurate bank balances. Addition of loans deleted as they represented genuine outstanding bank balances verified through bank statements. Penalty u/s 271(1)(c) appropriately deleted following deletion of substantive additions. Revenue failed to controvert factual findings establishing assessee's entitlement to exemption and genuineness of transactions.
ITAT dismissed Revenue's appeal challenging CIT(A)'s order granting exemption u/s 11 to assessee trust. AO had denied exemption solely due to assessee's non-participation in assessment proceedings without examining merits. ITAT upheld CIT(A)'s admission of additional evidence under Rule 46A, finding sufficient cause for assessee's non-appearance as they were unaware of proceedings. CIT(A) correctly accepted final balance sheet as true statement of affairs, confirmed by AO's remand report showing accurate bank balances. Addition of loans deleted as they represented genuine outstanding bank balances verified through bank statements. Penalty u/s 271(1)(c) appropriately deleted following deletion of substantive additions. Revenue failed to controvert factual findings establishing assessee's entitlement to exemption and genuineness of transactions.
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TaxTMI 
TaxTMI 
of 4916 
