Transfer-pricing aggregation of distinct support-service and subcontract transactions was rejected, while debt-free receivables attracted no notional ...
Customs exemptions cover photovoltaic assembly machinery and PVF backsheets, while fully declared cleared imports may avoid confiscation and penalties...
Specific tariff classification for LCD devices overrides treatment as electricity-meter parts, defeating differential duty, extended limitation, and p...
Stayed disciplinary punishment does not establish unfitness for insolvency professional registration; reconsideration must disregard mere pendency of ...
Indirect corporate control can create related-party status, excluding financial creditors from Committee of Creditors representation, participation an...
Scientific research association approval requires continuing SIRO status, annual donation reporting, and donor certificates for the approved foundatio...
The HC dismissed the writ petition challenging the impugned order regarding ineligible ITC availed and utilized. The court found that the proper officer had complied with principles of natural justice by granting a hearing and considering the petitioner's contentions. The petitioner admitted wrongful availment of ITC for April to December 2020, which was subsequently reversed. The authority noted the absence of evidence for receipt of goods or services and corresponding payment. The petitioner's claim that certain documents were not fully considered did not justify invoking extraordinary jurisdiction, especially given the availability of effective alternative statutory remedies. The petitioner was granted liberty to pursue such remedies in accordance with law.
The HC dismissed the writ petition challenging the impugned order regarding ineligible ITC availed and utilized. The court found that the proper officer had complied with principles of natural justice by granting a hearing and considering the petitioner's contentions. The petitioner admitted wrongful availment of ITC for April to December 2020, which was subsequently reversed. The authority noted the absence of evidence for receipt of goods or services and corresponding payment. The petitioner's claim that certain documents were not fully considered did not justify invoking extraordinary jurisdiction, especially given the availability of effective alternative statutory remedies. The petitioner was granted liberty to pursue such remedies in accordance with law.
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