Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
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Cancellation of GST registration violated petitioner's constitutional right to carry on business. Respondent should have initiated legal action for alleged fraud instead of outright cancellation, depriving petitioner from conducting business. Suspension order passed without considering petitioner's reply, rendering proceedings liable to be set aside. High Court quashed impugned proceedings, directed respondent to consider petitioner's reply and pass appropriate orders on merits to revoke suspension of GST registration in accordance with law.
Cancellation of GST registration violated petitioner's constitutional right to carry on business. Respondent should have initiated legal action for alleged fraud instead of outright cancellation, depriving petitioner from conducting business. Suspension order passed without considering petitioner's reply, rendering proceedings liable to be set aside. High Court quashed impugned proceedings, directed respondent to consider petitioner's reply and pass appropriate orders on merits to revoke suspension of GST registration in accordance with law.
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