Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
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Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
The case involves a refund claim filed by the appellant u/s 11B of the Central Excise Act, 1944, following an appellate tribunal's order. The deposits made were not voluntary but under compulsion from departmental officers. The appellant contested the demand successfully, leading to the deposits being considered as made under protest. Legal precedent supports refund in such cases. A circular mandates refund within 15 days of a favorable appellate decision. The rejection of the refund claim lacked reasonable grounds. The appeal was allowed by CESTAT Allahabad.
The case involves a refund claim filed by the appellant u/s 11B of the Central Excise Act, 1944, following an appellate tribunal's order. The deposits made were not voluntary but under compulsion from departmental officers. The appellant contested the demand successfully, leading to the deposits being considered as made under protest. Legal precedent supports refund in such cases. A circular mandates refund within 15 days of a favorable appellate decision. The rejection of the refund claim lacked reasonable grounds. The appeal was allowed by CESTAT Allahabad.
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