Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Retrospective cancellation of GST registration requires specific reasons in the show cause notice and final order; without such reasons, cancellation cannot be given effect from the original registration date. The HC set aside the order only to that extent and remitted the matter to the Proper Officer for fresh consideration after allowing the taxpayer to file a detailed reply and after hearing. It did not examine the merits of the allegation that no business existed at the declared premises, and confined relief to the effective date of cancellation.
Retrospective cancellation of GST registration requires specific reasons in the show cause notice and final order; without such reasons, cancellation cannot be given effect from the original registration date. The HC set aside the order only to that extent and remitted the matter to the Proper Officer for fresh consideration after allowing the taxpayer to file a detailed reply and after hearing. It did not examine the merits of the allegation that no business existed at the declared premises, and confined relief to the effective date of cancellation.
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