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...
This case pertains to a writ petition filed challenging an order dated 30.04.2024, wherein the petitioner has also filed an appeal before the Appellate Authority against the same order. The High Court held that since the petitioner has an alternative statutory remedy of appeal, the writ petition cannot be entertained. However, considering the initiation of recovery proceedings pursuant to the impugned order, the Court directed the respondent to defer the recovery proceedings until the disposal of the appeal filed by the petitioner dated 28.08.2024. The writ petition was disposed of accordingly, with the Court granting interim relief by staying the recovery proceedings pending the appeal.
This case pertains to a writ petition filed challenging an order dated 30.04.2024, wherein the petitioner has also filed an appeal before the Appellate Authority against the same order. The High Court held that since the petitioner has an alternative statutory remedy of appeal, the writ petition cannot be entertained. However, considering the initiation of recovery proceedings pursuant to the impugned order, the Court directed the respondent to defer the recovery proceedings until the disposal of the appeal filed by the petitioner dated 28.08.2024. The writ petition was disposed of accordingly, with the Court granting interim relief by staying the recovery proceedings pending the appeal.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
