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...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
HC allowed the appeal under Section 37 of Arbitration & Conciliation Act, 1996, finding the arbitral award fundamentally flawed. The court invalidated the entire award primarily based on unauthenticated CA certificates lacking evidentiary substantiation. The awarded sum of Rs. 65,50,795/- was disallowed due to absence of supporting documentation and unexamined foundational documents. The court determined that the arbitration award's core financial claims were unsupported, thereby rendering the entire monetary determination legally unsustainable. No interference was deemed necessary regarding interest calculations or arbitration costs, with the appeal being comprehensively allowed in favor of the appellant.
HC allowed the appeal under Section 37 of Arbitration & Conciliation Act, 1996, finding the arbitral award fundamentally flawed. The court invalidated the entire award primarily based on unauthenticated CA certificates lacking evidentiary substantiation. The awarded sum of Rs. 65,50,795/- was disallowed due to absence of supporting documentation and unexamined foundational documents. The court determined that the arbitration award's core financial claims were unsupported, thereby rendering the entire monetary determination legally unsustainable. No interference was deemed necessary regarding interest calculations or arbitration costs, with the appeal being comprehensively allowed in favor of the appellant.
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