Transfer pricing comparables and adjustments: Tribunal revisits loss-maker status, segmental comparability, working capital relief, and risk allocatio...
Business expenditure disallowance failed where commission, related-party salary and promotion payments were supported by records and inquiry was inade...
An assessment order under the GST regime was held vitiated because it did not bear a Document Identification Number, following the Court's earlier view that absence of a DIN invalidates the order. The order was therefore set aside and the matter remanded for fresh assessment after hearing the taxpayer. On the delayed writ challenge and disputed portal service, the Court did not finally resolve the service controversy but held that petitions attacking assessment orders with patent irregularities could be entertained on terms. Relief was made conditional on deposit of 20% of the disputed tax, with the period of writ pendency excluded for limitation and liberty preserved to raise all contentions before the Assessing Officer.
An assessment order under the GST regime was held vitiated because it did not bear a Document Identification Number, following the Court's earlier view that absence of a DIN invalidates the order. The order was therefore set aside and the matter remanded for fresh assessment after hearing the taxpayer. On the delayed writ challenge and disputed portal service, the Court did not finally resolve the service controversy but held that petitions attacking assessment orders with patent irregularities could be entertained on terms. Relief was made conditional on deposit of 20% of the disputed tax, with the period of writ pendency excluded for limitation and liberty preserved to raise all contentions before the Assessing Officer.
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