Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
GST is levied on construction services on a forward charge basis on the service provider. In this case, services were rendered by KG Foundation, not the petitioner. Therefore, the Additional Government Pleader's contention is accepted. The writ petition filed by the petitioner challenging the rejection order dated 24.11.2022 for the assessment period 2019-20 regarding the GST rate on construction activities by KG Foundation is dismissed as not maintainable.
GST is levied on construction services on a forward charge basis on the service provider. In this case, services were rendered by KG Foundation, not the petitioner. Therefore, the Additional Government Pleader's contention is accepted. The writ petition filed by the petitioner challenging the rejection order dated 24.11.2022 for the assessment period 2019-20 regarding the GST rate on construction activities by KG Foundation is dismissed as not maintainable.
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