Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
Service of SCN - while attaching the bank locker, no SCN served on the petitioner to offer his explanation - the petitioner has issued fake GST invoices without supply of goods to different business firms/companies by passing on a huge fraudulent input tax credit in respect of 21 firms, out of more than 70 firms created by him and thus caused huge loss to the Government exchequer. The investigation is stated to be pending. - petitioner directed to approach Special Judge for Economic Offences-cum-IV Additional Metropolitan Sessions Judge for appropriate relief - petition disposed off. - HC
Service of SCN - while attaching the bank locker, no SCN served on the petitioner to offer his explanation - the petitioner has issued fake GST invoices without supply of goods to different business firms/companies by passing on a huge fraudulent input tax credit in respect of 21 firms, out of more than 70 firms created by him and thus caused huge loss to the Government exchequer. The investigation is stated to be pending. - petitioner directed to approach Special Judge for Economic Offences-cum-IV Additional Metropolitan Sessions Judge for appropriate relief - petition disposed off. - HC
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