Transfer pricing comparability under TNMM: foreign exchange loss on ECB excluded from operating cost, and a functionally dissimilar comparator removed...
Fake AI-generated precedents vitiate adjudication, with unverified citations contaminating the decision-making process and undermining the rule of law...
Seeking grant for Anticipatory Bail - Allegations of availing ineligible Input Tax Credit (ITC) by their firm. - Prayer to release the attached bank account - non-existent at the given registered addresses - After thorough consideration, the High Court dismissed the plea, citing prima facie violations of the CGST Act, 2017, and the petitioner's failure to demonstrate eligibility for relief. The Court emphasized the seriousness of the allegations and the petitioner's lack of credibility, leading to the dismissal of the writ petition and the vacation of any interim protection.
Seeking grant for Anticipatory Bail - Allegations of availing ineligible Input Tax Credit (ITC) by their firm. - Prayer to release the attached bank account - non-existent at the given registered addresses - After thorough consideration, the High Court dismissed the plea, citing prima facie violations of the CGST Act, 2017, and the petitioner's failure to demonstrate eligibility for relief. The Court emphasized the seriousness of the allegations and the petitioner's lack of credibility, leading to the dismissal of the writ petition and the vacation of any interim protection.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
