Even though the department had the authority to dispute the residential status of the assessee merely on the strength of the Tax Residency Certificate (TRC), it was incumbent upon the department to make a proper inquiry and to establish the fact that the party claiming benefit and the strength of the TRC was a shell or conduit company.
The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has observed that unless it is established that against every invoice convertible foreign exchange has been received,.
Entrepreneurship or even self-employment often takes off because an enterprising person identifies an opportunity in the market, and rushes to take advantage of it using his/her domain knowledge. This
Originally Posted by Turbanator https://www.ndtv.com/india-news/expl.dtv topstories If you read the article there s this section - However, it quoted a government official as saying that there are a