Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
HC held that the Transfer Pricing Officer (TPO) improperly rejected the assessee's transfer pricing study for intra-group services. The ITAT's decision to remand the matter was upheld, requiring the TPO to re-examine the transfer pricing analysis and verify whether conditions under Section 92C(3) are satisfied before making any adjustment. The fundamental premise of the TPO that no services were received was rejected, necessitating a comprehensive reassessment of the intra-group service transaction's arm's length pricing.
HC held that the Transfer Pricing Officer (TPO) improperly rejected the assessee's transfer pricing study for intra-group services. The ITAT's decision to remand the matter was upheld, requiring the TPO to re-examine the transfer pricing analysis and verify whether conditions under Section 92C(3) are satisfied before making any adjustment. The fundamental premise of the TPO that no services were received was rejected, necessitating a comprehensive reassessment of the intra-group service transaction's arm's length pricing.
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