Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Quantum of cost imposed by High Court on the GST officer - intent to evade tax or not - allegation that the e-way bill had expired a day earlier - traffic blockage due to agitation - abuse of power by the officer - The High Court has awarded costs to the writ petitioner in the sum of ₹ 10,000/- in relation to tax and penalty of ₹ 69,000/- that was sought to be imposed by the petitioner No.2. In the given circumstances, a further sum of ₹ 59,000/- is imposed on the petitioners toward costs, which shall be payable to the writ petitioner within four weeks from today - SC
Quantum of cost imposed by High Court on the GST officer - intent to evade tax or not - allegation that the e-way bill had expired a day earlier - traffic blockage due to agitation - abuse of power by the officer - The High Court has awarded costs to the writ petitioner in the sum of ₹ 10,000/- in relation to tax and penalty of ₹ 69,000/- that was sought to be imposed by the petitioner No.2. In the given circumstances, a further sum of ₹ 59,000/- is imposed on the petitioners toward costs, which shall be payable to the writ petitioner within four weeks from today - SC
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