Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Interplay between section 144C and section 153 requires determination of limitation for passing final assessment orders by reference to both provisions construed together; this mutual and harmonious construction was applied to hold that final assessment orders rendered beyond the combined time limits are barred by limitation and therefore quashed. An interim stay of a precedent does not negate its ratio decidendi, but reliance in the instant case was placed on an unstayed High Court decision; accordingly the appeal was heard and the Departments preliminary objection rejected, resulting in annulment of time-barred assessment orders.
Interplay between section 144C and section 153 requires determination of limitation for passing final assessment orders by reference to both provisions construed together; this mutual and harmonious construction was applied to hold that final assessment orders rendered beyond the combined time limits are barred by limitation and therefore quashed. An interim stay of a precedent does not negate its ratio decidendi, but reliance in the instant case was placed on an unstayed High Court decision; accordingly the appeal was heard and the Departments preliminary objection rejected, resulting in annulment of time-barred assessment orders.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
