Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
HC dismissed the writ petition challenging the appellate authority's rejection of an appeal beyond statutory limitation period. The court upheld the show cause notice and redemption fine imposed under Sections 122 and 130 of the OGST Act, 2017, for stock shortage discovered during a search and seizure operation. The petitioner's attempt to challenge the procedural aspects under Article 226 was rejected, with the court noting the petitioner's earlier admission of stock shortage and concurrence with penalty payment. The decision emphasized adherence to statutory limitations and judicial discipline, finding no merit in the challenge to the authority's jurisdiction or powers.
HC dismissed the writ petition challenging the appellate authority's rejection of an appeal beyond statutory limitation period. The court upheld the show cause notice and redemption fine imposed under Sections 122 and 130 of the OGST Act, 2017, for stock shortage discovered during a search and seizure operation. The petitioner's attempt to challenge the procedural aspects under Article 226 was rejected, with the court noting the petitioner's earlier admission of stock shortage and concurrence with penalty payment. The decision emphasized adherence to statutory limitations and judicial discipline, finding no merit in the challenge to the authority's jurisdiction or powers.
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