Co-operative credit society deduction on bank deposit interest upheld where funds were business funds and income remained attributable to member credi...
Transfer pricing benchmarking and receivables adjustments remanded: segmental financials need proper scrutiny, and foreign-currency interest must trac...
Before the Allahabad High Court, the issue revolved around the permission for prosecution independent of adjudication proceedings. The court emphasized that administrative satisfaction, as per Section 134 of the CGST Act, is to be determined by the Commissioner and not influenced by findings in adjudication. It was noted that the petitioner was not part of the adjudication process and was not given an opportunity to present their case before adverse observations were made in the order. Consequently, the court disposed of the writ petition, recognizing the importance of procedural fairness and the distinct roles of the Commissioner and the Additional Commissioner in such matters.
Before the Allahabad High Court, the issue revolved around the permission for prosecution independent of adjudication proceedings. The court emphasized that administrative satisfaction, as per Section 134 of the CGST Act, is to be determined by the Commissioner and not influenced by findings in adjudication. It was noted that the petitioner was not part of the adjudication process and was not given an opportunity to present their case before adverse observations were made in the order. Consequently, the court disposed of the writ petition, recognizing the importance of procedural fairness and the distinct roles of the Commissioner and the Additional Commissioner in such matters.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4823 
Join Channel 
