Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
The Delhi High Court found a violation of natural justice principles in a case involving a cryptic order u/s 73 of the Central Goods and Services Tax Act, 2017. The court held that the order failed to consider the petitioner's reply, which explained an error in tax credit details placement. The court set aside the order dated 05.12.2023, remitting the matter for a fresh speaking order by the proper officer. The petitioner will be granted a personal hearing. The petition was disposed of by way of remand.
The Delhi High Court found a violation of natural justice principles in a case involving a cryptic order u/s 73 of the Central Goods and Services Tax Act, 2017. The court held that the order failed to consider the petitioner's reply, which explained an error in tax credit details placement. The court set aside the order dated 05.12.2023, remitting the matter for a fresh speaking order by the proper officer. The petitioner will be granted a personal hearing. The petition was disposed of by way of remand.
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