Arrest safeguards and transit remand requirements invalidated detention following inter-State transfer without communicated grounds or magistrate auth...
Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
In a post-GST construction-linked property transaction, the Tribunal held that phrases such as construction in the post-GST period and upfront payment of the full price do not require the flat to be fully built at agreement stage or payment to be made in one lump sum. It found that where booking, allotment, contracting, construction and payment all occurred during the GST regime, the pricing already reflected the post-GST ITC position, so no separate input tax credit benefit was claimable by the buyers and no locus existed to challenge the DGAP report on that basis. On the merits, the DGAP comparison showed no incremental ITC gain and therefore no contravention of Section 171 read with Rule 129(6).
In a post-GST construction-linked property transaction, the Tribunal held that phrases such as construction in the post-GST period and upfront payment of the full price do not require the flat to be fully built at agreement stage or payment to be made in one lump sum. It found that where booking, allotment, contracting, construction and payment all occurred during the GST regime, the pricing already reflected the post-GST ITC position, so no separate input tax credit benefit was claimable by the buyers and no locus existed to challenge the DGAP report on that basis. On the merits, the DGAP comparison showed no incremental ITC gain and therefore no contravention of Section 171 read with Rule 129(6).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
