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 dismissed the writ petition challenging tax authority's order regarding input tax credit (ITC) denial. The court held that territorial jurisdiction exists where a fraction of cause of action arises within court's jurisdiction. The petitioner failed to demonstrate substantial prejudice from denial of witness cross-examination. The court emphasized that appellate authority can comprehensively examine all grounds, including potential natural justice violations. Writ petition was dismissed, with petitioner granted liberty to pursue statutory appeal, subject to pre-deposit conditions, and without challenging the underlying order's substantive merits.
HC dismissed the writ petition challenging tax authority's order regarding input tax credit (ITC) denial. The court held that territorial jurisdiction exists where a fraction of cause of action arises within court's jurisdiction. The petitioner failed to demonstrate substantial prejudice from denial of witness cross-examination. The court emphasized that appellate authority can comprehensively examine all grounds, including potential natural justice violations. Writ petition was dismissed, with petitioner granted liberty to pursue statutory appeal, subject to pre-deposit conditions, and without challenging the underlying order's substantive merits.
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