Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
Rejection of a Kara Samadhana Scheme application for waiver of penalty and interest must disclose material particulars and reasons under section 128A of the CGST/KGST Act, 2017. An unreasoned adverse notice is illegal and arbitrary where the applicant is denied a sufficient and reasonable opportunity of hearing. The rejection notice was quashed, requiring fresh consideration of the representation after hearing, with coercive steps restrained until that decision.
Rejection of a Kara Samadhana Scheme application for waiver of penalty and interest must disclose material particulars and reasons under section 128A of the CGST/KGST Act, 2017. An unreasoned adverse notice is illegal and arbitrary where the applicant is denied a sufficient and reasonable opportunity of hearing. The rejection notice was quashed, requiring fresh consideration of the representation after hearing, with coercive steps restrained until that decision.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4824 
Join Channel 
