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...
The HC set aside the assessment order dated 23.08.2024 involving challenges to E-way bill cancellations for inward/outward activities, non-supply of E-way bills, ITC reversal for wind mill maintenance, and non-production of bank receipts. The petitioner was directed to deposit 10% of the disputed taxes within four weeks from receipt of the court order, as agreed by both parties' counsel. The petition was disposed of with this conditional relief, effectively staying the enforcement of the original assessment while requiring partial payment as security pending final resolution of the tax dispute.
The HC set aside the assessment order dated 23.08.2024 involving challenges to E-way bill cancellations for inward/outward activities, non-supply of E-way bills, ITC reversal for wind mill maintenance, and non-production of bank receipts. The petitioner was directed to deposit 10% of the disputed taxes within four weeks from receipt of the court order, as agreed by both parties' counsel. The petition was disposed of with this conditional relief, effectively staying the enforcement of the original assessment while requiring partial payment as security pending final resolution of the tax dispute.
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