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...
Evasion of tax - Failure to produce the e-Way Bill in time due to certain technical difficulties - although the petitioner failed to generate the e-Way Bill on time, the Tax Invoices issued contained all the relevant details including the detail of the vehicle transporting the goods. - The Court found that the authorities exceeded their jurisdiction by imposing penalty without concrete evidence of intent to evade tax. The Court directed a refund of the amount deposited for tax and penalty. - HC
Evasion of tax - Failure to produce the e-Way Bill in time due to certain technical difficulties - although the petitioner failed to generate the e-Way Bill on time, the Tax Invoices issued contained all the relevant details including the detail of the vehicle transporting the goods. - The Court found that the authorities exceeded their jurisdiction by imposing penalty without concrete evidence of intent to evade tax. The Court directed a refund of the amount deposited for tax and penalty. - HC
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