Captive power transfer pricing and non-resident export commission rules support deletion of adjustments and withholding disallowance in discussed proc...
Cooperative society deposits, member-interest TDS exemption and credit-facility deduction claims require verification through records and supporting e...
Customs jurisdiction over EPCG condition breaches survives export-obligation discharge certificates, requiring alleged fraud and misdeclaration to be ...
Validity of assessment order - breach of principles of natural justice - During an inspection, the petitioner addressed discrepancies pointed out by the authorities but failed to respond to subsequent notices and participate in assessment proceedings. Despite this, the High Court finds it necessary to interfere with the assessment order, subjecting the petitioner to certain conditions. These include remitting a specified sum towards the disputed tax demand and submitting a reply to the show cause notice within a stipulated period. The Court directs the assessing officer to issue a fresh assessment order within two months, adhering to prescribed procedures.
Validity of assessment order - breach of principles of natural justice - During an inspection, the petitioner addressed discrepancies pointed out by the authorities but failed to respond to subsequent notices and participate in assessment proceedings. Despite this, the High Court finds it necessary to interfere with the assessment order, subjecting the petitioner to certain conditions. These include remitting a specified sum towards the disputed tax demand and submitting a reply to the show cause notice within a stipulated period. The Court directs the assessing officer to issue a fresh assessment order within two months, adhering to prescribed procedures.
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