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Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
The High Court considered the liability of the petitioner u/s 73 (9) of the Central Goods and Services Tax / Karnataka Goods and Services Tax Act, 2017. It was found that the petitioner was not provided with an opportunity of hearing, violating principles of natural justice. The court held that the order for the financial years 2017-18 and 2018-19 should be set aside, and the petitioner must be given a hearing as per Section 75 (4) of the KGST Act. The matter is remitted to respondent No. 1 for fresh consideration in accordance with the law. The petition was allowed by way of remand.
The High Court considered the liability of the petitioner u/s 73 (9) of the Central Goods and Services Tax / Karnataka Goods and Services Tax Act, 2017. It was found that the petitioner was not provided with an opportunity of hearing, violating principles of natural justice. The court held that the order for the financial years 2017-18 and 2018-19 should be set aside, and the petitioner must be given a hearing as per Section 75 (4) of the KGST Act. The matter is remitted to respondent No. 1 for fresh consideration in accordance with the law. The petition was allowed by way of remand.
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