Section 149(1)(b) permits a reassessment notice issued beyond three years only where escaped income is represented in the form of an asset and meets the prescribed monetary threshold. Treating entire contractual receipts as escaped income does not satisfy that condition when the income embedded in those receipts, as estimated for reassessment, falls below the threshold. In those circumstances, the jurisdictional conditions for issuing a Section 148 notice remain unmet, rendering the notice and consequential reassessment proceedings invalid.

TDS credit for tax deducted from salary cannot be refused solely because the deduction is absent from Form 26AS. Salary slips, employment records read with bank records, employer payroll or tax workings, and communications concerning tax deduction or deposit may support the claim. The available evidence must be evaluated to determine whether salary-related tax deduction was satisfactorily established. Where such deduction is established, the corresponding TDS credit must be granted despite non-reflection in Form 26AS.

Eligibility to make a settlement application depends on a live, unadjudicated assessment proceeding when the application is filed, rather than an earlier administrative cut-off. A notice under Section 153A or Section 143(2) initiates pendency for Chapter XIX-A purposes. Section 245C fixes the application date without imposing an anterior eligibility date, while Section 119(2)(b) cannot create an additional disqualification under the guise of mitigating genuine hardship. A prior-eligibility condition tied to Revenue notice dates cannot defeat timely applications and requires consideration on merits.

Pendency of a statutory appeal against an assessment order supported declining discretionary writ jurisdiction. High Court disposed of the writ petition without examining the merits or the asserted jurisdictional defect, leaving those matters for the appellate process. The appellate authority was requested to determine the pending statutory appeal expeditiously, so the available appellate remedy remained the route for resolving the assessment challenge.

Effective opportunity of hearing under faceless assessment requires sufficient time to answer a show-cause notice, clear communication on any request for additional time, and consideration of material subsequently filed. Four working days for response, without communicating whether an extension request was accepted or rejected and without addressing uploaded submissions, may deny that opportunity. These requirements apply equally where assessment proceedings may lead to consequential penalty action.

Recovery of the demand pending a statutory appeal requires a balance between revenue protection, the assessee's prima facie case, and hardship. Consolidated monthly data with apparent repetitions, without the requested invoice-wise and bill-of-entry-wise reconciliation, supported a prima facie breach of natural justice, particularly where import particulars showed total imports exceeding the data used for the addition. An administrative 20% deposit requirement cannot restrict the power to grant an appropriate stay. Recovery was therefore stayed until disposal of the statutory appeal.

Section 119(2)(b) permits condonation of a short, bona fide compliance delay where refusal would cause genuine hardship and defeat a statutory exemption. The audit report in Form No. 10B was required one month before the return due date for the relevant assessment year; a 30-day delay arose from a bona fide understanding, COVID-19 conditions and extended compliance timelines. The pending condonation application before CBDT did not require exhaustion before writ relief. The delay was condoned, the denial of exemption was set aside, and the return was required to be processed afresh by treating Form No. 10B as timely filed.

Full addition of purchases as unexplained or bogus was not justified where books of account were accepted, recorded sales were undisputed, and the assessee produced purchase invoices, banking payment records and supporting material. Suppliers' failure to respond to departmental notices and cancellation or suspension of their GST registrations, being circumstances beyond the assessee's control, did not alone establish sham purchases. Without tangible material proving that purchases were non-genuine, sections 69C and 145(3) could not support disallowance of the entire purchase value. As accepted sales necessarily required corresponding purchases, deletion of the addition was justified.

Section 260A does not permit interference with a Tribunal's factual assessment of disputed bullion purchases unless perversity, lack of evidence, or disregard of material evidence is shown. Purchase invoices, vendor confirmations, banking and GST records, stock registers, and undisputed corresponding sales and closing stock supported the purchase findings. Given narrow, market-driven bullion margins, treating the entire purchases as income was commercially incongruous; applying a 0.15% gross-profit rate remained a factual determination. No substantial question of law arose, and the restricted addition was sustained.

Indian PE taxation of a foreign bank remains at foreign-company rates where domestic-company conditions are unmet and Article 24(2) does not apply because domestic and foreign companies are not similarly situated. Under Article 7, PE-head-office dealings are treated separately for profit attribution, but interest remitted overseas requires TDS compliance under section 195; non-compliance triggers disallowance under section 40(a)(i). Conversely, interest received by the PE from overseas offices forms taxable PE business income. ATMs performing digital data processing, software functions, and network communication fall within the computer category for depreciation.

Condonation of a 719-day delay in filing an appeal was considered after the petitioner referred to an earlier Supreme Court order. The Court declined to take a divergent view and dismissed the Special Leave Petition. The dismissal also resulted in disposal of any pending interlocutory applications. The stated approach followed the earlier Supreme Court order identified by the petitioner.

Nata De Coco, produced through microbial fermentation of coconut water and coconut milk, falls under the residual food-preparation category rather than fruit-jelly classification. Heading 2007 covers preparations whose fruit juice, pulp, or nut content remains the basis after cooking; a jelly-like appearance alone is insufficient. Heading 2008 is also inapplicable because the product is not an identifiable plant part merely prepared or preserved. In the absence of a specific heading, Rule 1 directs classification under Heading 2106. The applicable GST rate is 18% until 21 September 2025 and 5% from 22 September 2025 under the respective rate notifications.

Post-1 April 2019 construction of non-affordable residential villas in a Residential Real Estate Project is classified as construction services under SAC 995411. Pre-completion modifications and ancillary works under the original agreement or addendum form part of that supply; separate independent works require classification by their actual nature. Entry 3(ia) applies a land-adjusted effective aggregate GST rate of 5% where consideration includes land or an undivided land share, while independent supplies follow their own classification. This regime requires tax payment through the electronic cash ledger and disallows input tax credit, including credit availed under protest; no higher-rate, credit-based option applies to new projects.

GST exemption from 10 October 2024 applies to NSQF-aligned vocational training where an accredited training body supplies services through an Awarding Body recognised by NCVET and the relevant qualification or skill has an NCVET-approved qualification package. These conditions bring the training within the revised GST exemption. Structured, formally accredited and nationally recognised vocational skill-development training delivered under that approved framework is classified under SAC 999294 as other education and training services nowhere else classified, rather than generic commercial coaching.

For centage-based project-management services, the Administrative Department commissioning and owning a project is the recipient of supply, notwithstanding funding or payment disbursement by another person; the SPV must therefore issue its tax invoice to that Department. Services comprising project-report preparation, technical sanctions, tendering, contractor management, supervision, monitoring and coordination are classified as project-management services under SAC 998339. The pure-services exemption requires a sufficient nexus with functions entrusted to Panchayats or Municipalities under Articles 243G or 243W. State and coastal highway, tourism-corridor road and similar projects lack that nexus, so centage charges are taxable at 18% GST.

Printing performed on customer-supplied paper and content falls under Heading 9988; it constitutes job work only where the owner of the goods is GST registered, but remains a treatment or process on another person's goods otherwise. The 5% GST rate applies only to specified printing of newspapers, books, journals, periodicals and qualifying Chapter 48 or 49 goods; other Heading 9988 printing attracts 18%. Printing religious books using the printer's own paper and consumables is a composite supply with printing as the principal supply, classifiable under Heading 9989 and taxable at 18%, rather than a supply of books eligible for NIL or concessional GST.

Rule 89(5)'s substituted refund formula permits input-service ITC in refund applications filed after 5 July 2022, even where the credit accumulated earlier. Its application turns on the filing date, and the curative, clarificatory amendment cannot be curtailed by contrary circular guidance. Section 54 treats refund entitlement as substantive; consequently, a supplementary claim for a period covered by an earlier NIL claim requires merits assessment where statutory conditions and limitation are met. The absence of a separate claim category or GST portal refiling functionality is procedural and cannot alone defeat a differential inverted-duty refund.

Consent-based remand for fresh GST adjudication after expiry of the statutory appellate limitation was made conditional on deposit of 25% of the disputed tax and submission of a reply with supporting documents. The impugned order was to operate as an addendum to the show cause notice, enabling adjudication on merits. Bank attachment was to be vacated upon compliance, unless arrears existed for another tax period. Failure to meet the pre-deposit and reply conditions permitted recovery proceedings after due notice.

GST adjudication orders are subject to the statutory appellate remedy under Section 107. Where an appeal is filed after the prescribed period, sufficient cause for delay may permit merits consideration under the applicable Division Bench approach. Direct writ jurisdiction is not ordinarily invoked when the statutory appeal remains capable of being entertained. The delayed appeal may be filed within 30 days from upload of the relevant order for appellate consideration on merits.

Personal hearing is mandatory under section 75(4) of the Goods and Services Tax Act, 2017 whenever an adverse adjudication is contemplated. Failure to grant that opportunity breaches the statutory hearing requirement and principles of natural justice, so an adverse GST order made without a personal hearing cannot be sustained. Fresh adjudication may proceed only after the assessee receives a due opportunity of hearing.