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...
Reassessment beyond three years requires books of account, documents or other evidence revealing income escapement; an audit objection alone is an opinion and cannot satisfy this condition or justify review of concluded scrutiny assessments. Re-examination of already disclosed material, including limited-scrutiny records, constitutes a change of opinion, rendering reassessment proceedings time-barred and without jurisdiction. Writ jurisdiction may be invoked on admitted material to challenge a reassessment notice lacking jurisdiction despite an alternative statutory remedy or completion of reassessment. Excise-duty refunds under an industrial incentive scheme for establishing a new undertaking are capital receipts, while goodwill arising on amalgamation qualifies as a depreciable business or commercial right.
Reassessment beyond three years requires books of account, documents or other evidence revealing income escapement; an audit objection alone is an opinion and cannot satisfy this condition or justify review of concluded scrutiny assessments. Re-examination of already disclosed material, including limited-scrutiny records, constitutes a change of opinion, rendering reassessment proceedings time-barred and without jurisdiction. Writ jurisdiction may be invoked on admitted material to challenge a reassessment notice lacking jurisdiction despite an alternative statutory remedy or completion of reassessment. Excise-duty refunds under an industrial incentive scheme for establishing a new undertaking are capital receipts, while goodwill arising on amalgamation qualifies as a depreciable business or commercial right.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4912 
