Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
A writ petition challenging a GST demand order without first using the statutory appellate remedy is not maintainable where an efficacious appeal is available under the CGST Act. The High Court directed the petitioner to pursue that remedy, while leaving all contentions open for the Appellate Authority. The petition was disposed of with liberty to file a statutory appeal, and the time spent pursuing the writ proceedings was to be excluded for limitation purposes if the appeal is filed within four weeks.
A writ petition challenging a GST demand order without first using the statutory appellate remedy is not maintainable where an efficacious appeal is available under the CGST Act. The High Court directed the petitioner to pursue that remedy, while leaving all contentions open for the Appellate Authority. The petition was disposed of with liberty to file a statutory appeal, and the time spent pursuing the writ proceedings was to be excluded for limitation purposes if the appeal is filed within four weeks.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
