Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
HC allowed the tax assessment petition partially, setting aside the revisional order for tax years 2014-15, 2015-16, and 2016-17, while remanding the matter for fresh assessment for 2017-18. The court found procedural irregularities in the original assessment, specifically noting the Revisional Authority's failure to adequately address legal questions raised and lack of substantive assessment documentation. The remand directs the Assessing Authority to conduct a comprehensive reassessment for the April-June 2017 period in compliance with TVAT Act provisions, ensuring proper evaluation of turnover and potential penalties.
HC allowed the tax assessment petition partially, setting aside the revisional order for tax years 2014-15, 2015-16, and 2016-17, while remanding the matter for fresh assessment for 2017-18. The court found procedural irregularities in the original assessment, specifically noting the Revisional Authority's failure to adequately address legal questions raised and lack of substantive assessment documentation. The remand directs the Assessing Authority to conduct a comprehensive reassessment for the April-June 2017 period in compliance with TVAT Act provisions, ensuring proper evaluation of turnover and potential penalties.
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