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...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Validity Of assessment order passed - SEZ unit - Supply of services without charging GST since it was a zero rated supply - turnover inadvertently reported under the column taxable value in GSTR-1 - The High Court observed that while the supply was correctly identified as zero-rated in the GSTR-3B return, the inadvertent misreporting in the GSTR-1 return was acknowledged. The petitioner's submission was supported by evidence from the tax invoice. As a result, the assessment order was quashed, and the matter was remanded for re-consideration by the assessing officer.
Validity Of assessment order passed - SEZ unit - Supply of services without charging GST since it was a zero rated supply - turnover inadvertently reported under the column taxable value in GSTR-1 - The High Court observed that while the supply was correctly identified as zero-rated in the GSTR-3B return, the inadvertent misreporting in the GSTR-1 return was acknowledged. The petitioner's submission was supported by evidence from the tax invoice. As a result, the assessment order was quashed, and the matter was remanded for re-consideration by the assessing officer.
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