Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
The HC directed the restoration of the Petitioner's GST registration under the CGST Act, 2017, conditional upon payment of outstanding dues amounting to Rs. 21,500/- within two weeks from the order's upload date. Immediate restoration of registration was ordered to enable the Petitioner to discharge the dues. The Petitioner undertook to remit the demanded amount within 48 hours of restoration. The court disposed of the petition accordingly, emphasizing compliance with the payment timeline as a prerequisite for continued registration.
The HC directed the restoration of the Petitioner's GST registration under the CGST Act, 2017, conditional upon payment of outstanding dues amounting to Rs. 21,500/- within two weeks from the order's upload date. Immediate restoration of registration was ordered to enable the Petitioner to discharge the dues. The Petitioner undertook to remit the demanded amount within 48 hours of restoration. The court disposed of the petition accordingly, emphasizing compliance with the payment timeline as a prerequisite for continued registration.
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