Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Validity of assessment order - alleged discrepancies in returns filed by the petitioner - The case involved a challenge to an assessment order by a petitioner in the cash logistics business, registered under GST, regarding alleged discrepancies in returns for the assessment year 2017-2018. Despite the petitioner's response and an earlier order dropping proceedings, an assessment order was issued, leading to legal contention. - the High court ruled in favor of the petitioner, emphasizing procedural fairness and consistency in tax assessment proceedings.
Validity of assessment order - alleged discrepancies in returns filed by the petitioner - The case involved a challenge to an assessment order by a petitioner in the cash logistics business, registered under GST, regarding alleged discrepancies in returns for the assessment year 2017-2018. Despite the petitioner's response and an earlier order dropping proceedings, an assessment order was issued, leading to legal contention. - the High court ruled in favor of the petitioner, emphasizing procedural fairness and consistency in tax assessment proceedings.
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