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 Madras High Court found a violation of natural justice as notices were only uploaded on the GST portal without direct communication to the petitioner. The tax proposal related to discrepancies in GSTR returns and Input Tax Credit (ITC). The court set aside the order and remanded the matter for reconsideration, requiring the petitioner to remit 10% of the disputed tax demand within two weeks. The petition was disposed of by way of remand, granting the petitioner an opportunity to contest the tax demand.
The Madras High Court found a violation of natural justice as notices were only uploaded on the GST portal without direct communication to the petitioner. The tax proposal related to discrepancies in GSTR returns and Input Tax Credit (ITC). The court set aside the order and remanded the matter for reconsideration, requiring the petitioner to remit 10% of the disputed tax demand within two weeks. The petition was disposed of by way of remand, granting the petitioner an opportunity to contest the tax demand.
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