Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
The HC set aside the order dated 08.11.2023 regarding attachment of petitioner's bank property under CGST/KGST Act, 2017, remitting the matter back to the first respondent for fresh consideration. Despite petitioner's failure to respond to pre-intimation notice and show cause notice, the Court adopted a justice-oriented approach, accepting petitioner's claim that non-compliance stemmed from bona fide reasons and unavoidable circumstances. The petitioner was granted one more opportunity to submit a reply to the show cause notice, with the Court imposing costs of Rs.10,000/- payable to the High Court Advocate Welfare Fund. The petition was allowed by way of remand.
The HC set aside the order dated 08.11.2023 regarding attachment of petitioner's bank property under CGST/KGST Act, 2017, remitting the matter back to the first respondent for fresh consideration. Despite petitioner's failure to respond to pre-intimation notice and show cause notice, the Court adopted a justice-oriented approach, accepting petitioner's claim that non-compliance stemmed from bona fide reasons and unavoidable circumstances. The petitioner was granted one more opportunity to submit a reply to the show cause notice, with the Court imposing costs of Rs.10,000/- payable to the High Court Advocate Welfare Fund. The petition was allowed by way of remand.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
