Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Cancellation of GST registration of the petitioner - The petitioner, a company providing technical consultancy services, had its GST registration cancelled due to non-filing of returns for over six months. The petitioner cited challenges such as the Covid-19 pandemic and changes in management as reasons for the delay. The High Court, considering the impact of the pandemic on businesses, directed the petitioner to rectify the default by filing pending returns and paying fines. Upon compliance, the Court ordered the restoration of the petitioner's GST registration.
Cancellation of GST registration of the petitioner - The petitioner, a company providing technical consultancy services, had its GST registration cancelled due to non-filing of returns for over six months. The petitioner cited challenges such as the Covid-19 pandemic and changes in management as reasons for the delay. The High Court, considering the impact of the pandemic on businesses, directed the petitioner to rectify the default by filing pending returns and paying fines. Upon compliance, the Court ordered the restoration of the petitioner's GST registration.
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