Working capital adjustment, comparable selection and trade receivables interest were revisited in transfer pricing, with key additions deleted and rem...
Page of 4809
Press 'Enter' after typing page number.
2061 to 2080 of 96177 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC dismissed a writ petition challenging an order passed under Section 74(1) of the CGST/KGST Act, 2017 for alleged willful suppression or fraud in tax payment. The petitioner contended that Section 74 was inapplicable as the mistake was rectified through returns and reconciliation statements before proceedings commenced, and argued that the show-cause notice failed to specify circumstances warranting Section 74 invocation. The HC held that since the impugned order was appealable under Section 107 of the CGST Act, the petitioner must exhaust statutory remedies before approaching the court in writ jurisdiction. The petition was disposed of without considering merits, directing the petitioner to pursue available statutory appellate remedies instead of seeking extraordinary writ relief.
The HC dismissed a writ petition challenging an order passed under Section 74(1) of the CGST/KGST Act, 2017 for alleged willful suppression or fraud in tax payment. The petitioner contended that Section 74 was inapplicable as the mistake was rectified through returns and reconciliation statements before proceedings commenced, and argued that the show-cause notice failed to specify circumstances warranting Section 74 invocation. The HC held that since the impugned order was appealable under Section 107 of the CGST Act, the petitioner must exhaust statutory remedies before approaching the court in writ jurisdiction. The petition was disposed of without considering merits, directing the petitioner to pursue available statutory appellate remedies instead of seeking extraordinary writ relief.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
