Tax-audit exemption for substantially State-funded educational universities prevents audit-failure penalties where income qualifies for statutory exem...
Functional, asset and risk analysis excludes diversified technology companies from captive software development comparables under cost-plus arrangemen...
Mobile-phone electronic evidence failed to establish customs undervaluation, while duty survived on non-authentic origin certificates without importer...
Automotive radio classification treats integrated infotainment features as supplementary, placing complete and qualifying unassembled units under the ...
Separate corporate personality prevents directors from being personally liable for company deposits without a guarantee or independent legal undertaki...
Joint development arrangements may involve non-monetary consideration where land or development rights are exchanged for flats, but taxability depends on contractual rights and obligations. Valuation follows only after identifying a taxable service, and comparable-flat values require genuine comparability and verification against duplicate taxation. Builder-developer construction before 1 July 2010 may qualify as self-service if applicable factual conditions are met; composite works contracts must be distinguished from pure construction services by contractual transfer of property in goods. An incorrect statutory citation does not alone invalidate an otherwise sustainable notice. Reverse-charge liability requires proof of qualifying GTA, security, manpower-supply or legal services. Extended limitation requires deliberate suppression with intent to evade tax.
Joint development arrangements may involve non-monetary consideration where land or development rights are exchanged for flats, but taxability depends on contractual rights and obligations. Valuation follows only after identifying a taxable service, and comparable-flat values require genuine comparability and verification against duplicate taxation. Builder-developer construction before 1 July 2010 may qualify as self-service if applicable factual conditions are met; composite works contracts must be distinguished from pure construction services by contractual transfer of property in goods. An incorrect statutory citation does not alone invalidate an otherwise sustainable notice. Reverse-charge liability requires proof of qualifying GTA, security, manpower-supply or legal services. Extended limitation requires deliberate suppression with intent to evade tax.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
