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...
The ITAT upheld the addition of Rs. 1.60 crores as business income surrendered during the survey, confirming suppression of scrap sale proceeds linked to the assessee's manufacturing activity. The Tribunal affirmed the CIT(A)'s deletion of additions totaling Rs. 34,51,288 arising from seized documents and unsecured loans, as the assessee satisfactorily demonstrated the genuineness and source of these transactions with supporting evidence. However, the extrapolation of unexplained wages and salary payments beyond the survey date was disallowed; the Tribunal restricted additions to the period up to 08.10.2018, consistent with documentary proof and judicial precedents. Consequently, the addition of Rs. 1,02,10,256/- on this account was deleted. The appeal was partly allowed, sustaining the survey-related income addition but deleting other contested additions.
The ITAT upheld the addition of Rs. 1.60 crores as business income surrendered during the survey, confirming suppression of scrap sale proceeds linked to the assessee's manufacturing activity. The Tribunal affirmed the CIT(A)'s deletion of additions totaling Rs. 34,51,288 arising from seized documents and unsecured loans, as the assessee satisfactorily demonstrated the genuineness and source of these transactions with supporting evidence. However, the extrapolation of unexplained wages and salary payments beyond the survey date was disallowed; the Tribunal restricted additions to the period up to 08.10.2018, consistent with documentary proof and judicial precedents. Consequently, the addition of Rs. 1,02,10,256/- on this account was deleted. The appeal was partly allowed, sustaining the survey-related income addition but deleting other contested additions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
