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...
The HC directed immediate release of the ornaments and books of account seized during the 1994 search, finding that the petitioner had executed the required indemnity bond and filed affidavits and that the Joint Commissioner of Income Tax (Range 4(1), Ahmedabad) had confirmed no outstanding demand and that no assessment, penalty or prosecution proceedings are pending. The respondents were ordered to release the seized property forthwith and to file a compliance report before the HC within one week. The direction is final and operative, obligating revenue authorities to restore the petitioner's seized property absent any extant tax liability or ongoing proceedings.
The HC directed immediate release of the ornaments and books of account seized during the 1994 search, finding that the petitioner had executed the required indemnity bond and filed affidavits and that the Joint Commissioner of Income Tax (Range 4(1), Ahmedabad) had confirmed no outstanding demand and that no assessment, penalty or prosecution proceedings are pending. The respondents were ordered to release the seized property forthwith and to file a compliance report before the HC within one week. The direction is final and operative, obligating revenue authorities to restore the petitioner's seized property absent any extant tax liability or ongoing proceedings.
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