Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
Services rendered by an authorised service provider under Telangana's electronic service delivery framework were treated as distinct from supplies by the State Government. The Authority found that MeeSeva collects user charges over and above statutory fees, and that some services also relate to non-government entities. It therefore concluded that the exemption entries in Notification No. 12/2017-Central Tax (Rate) apply only to Government supplies and only to the extent of statutory levies for discharge of statutory functions. User charges collected separately by MeeSeva were held outside the exemption and liable to GST, so the exemption claim was rejected.
Services rendered by an authorised service provider under Telangana's electronic service delivery framework were treated as distinct from supplies by the State Government. The Authority found that MeeSeva collects user charges over and above statutory fees, and that some services also relate to non-government entities. It therefore concluded that the exemption entries in Notification No. 12/2017-Central Tax (Rate) apply only to Government supplies and only to the extent of statutory levies for discharge of statutory functions. User charges collected separately by MeeSeva were held outside the exemption and liable to GST, so the exemption claim was rejected.
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