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...
The Delhi High Court set aside an order demanding payment including penalty u/s 73 of the CGST Act, 2017 due to the petitioner's lack of awareness and inability to respond to the proceedings, violating natural justice principles. The court found that the petitioner missed the notice uploaded in the "Additional Notices" tab on the portal. The impugned order was overturned, granting the petitioner an opportunity to respond to the Show Cause Notice and directing the respondent to reopen the portal for a response within four weeks. The petition was disposed of.
The Delhi High Court set aside an order demanding payment including penalty u/s 73 of the CGST Act, 2017 due to the petitioner's lack of awareness and inability to respond to the proceedings, violating natural justice principles. The court found that the petitioner missed the notice uploaded in the "Additional Notices" tab on the portal. The impugned order was overturned, granting the petitioner an opportunity to respond to the Show Cause Notice and directing the respondent to reopen the portal for a response within four weeks. The petition was disposed of.
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