Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
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In arbitration review, the High Court reiterated that interference under Sections 34 and 37 is limited, but an award is vulnerable if it rests on no evidence or ignores vital material. Applying that standard, it held that the arbitrator had relied only on the final bill and ignored RA bills and other records showing that the amount for non-tendered items included GST to some extent. The Court found that computing GST at 18% on the entire figure was ex facie erroneous and set aside the award partly, leaving recomputation of GST and interest open and permitting the party concerned to pursue the differential claim afresh if so advised.
In arbitration review, the High Court reiterated that interference under Sections 34 and 37 is limited, but an award is vulnerable if it rests on no evidence or ignores vital material. Applying that standard, it held that the arbitrator had relied only on the final bill and ignored RA bills and other records showing that the amount for non-tendered items included GST to some extent. The Court found that computing GST at 18% on the entire figure was ex facie erroneous and set aside the award partly, leaving recomputation of GST and interest open and permitting the party concerned to pursue the differential claim afresh if so advised.
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