Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
The High Court found a violation of natural justice principles due to lack of reasoning in orders of Assistant Commissioner and GST officer. The orders did not address the petitioner's claim of fraud by tax consultant, lacked essential details, and showed non-application of mind. The orders were set aside and remitted for re-adjudication of the Show Cause Notice and petitioner's replies. The petition was disposed of.
The High Court found a violation of natural justice principles due to lack of reasoning in orders of Assistant Commissioner and GST officer. The orders did not address the petitioner's claim of fraud by tax consultant, lacked essential details, and showed non-application of mind. The orders were set aside and remitted for re-adjudication of the Show Cause Notice and petitioner's replies. The petition was disposed of.
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TaxTMI 
TaxTMI 
of 4918 
