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 High Court considered the issue of condonation of delay in filing an appeal u/s 107 of the UPGST Act, 2017. The appeal was dismissed as time-barred, but the Court found the department's approach overly technical. The Court noted that filing within the extended time was crucial, with hard copies to follow. Citing precedent, the Court emphasized the need for the petitioner to justify the delay adequately. The Court quashed the order and directed the appellate authority to allow the petitioner another opportunity to submit medical documents before deciding on the delay application. The writ petition was disposed of accordingly.
The High Court considered the issue of condonation of delay in filing an appeal u/s 107 of the UPGST Act, 2017. The appeal was dismissed as time-barred, but the Court found the department's approach overly technical. The Court noted that filing within the extended time was crucial, with hard copies to follow. Citing precedent, the Court emphasized the need for the petitioner to justify the delay adequately. The Court quashed the order and directed the appellate authority to allow the petitioner another opportunity to submit medical documents before deciding on the delay application. The writ petition was disposed of accordingly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
