Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
The Petitioner sought benefit under the MEIS Scheme for goods exported under Shipping Bills. The grievance was that despite being eligible, the Petitioner was denied the reward of Rs. 47,10,685.38 under the MEI Scheme due to an inadvertent error in processing the Shipping Bills. The Respondents admitted that the EDI Shipping Bills were left blank, resulting in automatic rejection. The High Court directed the Respondents to examine the 185 EDI Shipping Bills of the Petitioner afresh, treating the submissions as a 'Yes', and pass a Speaking Order deciding the Petitioner's entitlement to the MEI Scheme rewards within 12 weeks, in accordance with the law. The Petition was disposed of.
The Petitioner sought benefit under the MEIS Scheme for goods exported under Shipping Bills. The grievance was that despite being eligible, the Petitioner was denied the reward of Rs. 47,10,685.38 under the MEI Scheme due to an inadvertent error in processing the Shipping Bills. The Respondents admitted that the EDI Shipping Bills were left blank, resulting in automatic rejection. The High Court directed the Respondents to examine the 185 EDI Shipping Bills of the Petitioner afresh, treating the submissions as a 'Yes', and pass a Speaking Order deciding the Petitioner's entitlement to the MEI Scheme rewards within 12 weeks, in accordance with the law. The Petition was disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
