Business deductions and transfer pricing issues: tribunal treatment of software write-offs, donation receipts, warranty provisions, and related expens...
Equivalent value attachment under money laundering law upheld where received funds were treated as proceeds of crime and prior-acquired property could...
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In a case before the High Court, the petitioner sought recovery of CGST, SGST, and KFC amounts following a search and seizure at their business premises. The petitioner claimed they were not provided with the demanded documents, hindering their ability to respond to the show cause notice. The Court noted the lack of a reply from the petitioner and ordered the respondents to supply the required documents within three days. The petitioner was granted 10 days to file a reply, ultimately leading to the disposal of the writ petition. The Court's decision emphasized upholding principles of natural justice in the proceedings.
In a case before the High Court, the petitioner sought recovery of CGST, SGST, and KFC amounts following a search and seizure at their business premises. The petitioner claimed they were not provided with the demanded documents, hindering their ability to respond to the show cause notice. The Court noted the lack of a reply from the petitioner and ordered the respondents to supply the required documents within three days. The petitioner was granted 10 days to file a reply, ultimately leading to the disposal of the writ petition. The Court's decision emphasized upholding principles of natural justice in the proceedings.
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