Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
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The HC dismissed the petition challenging the cancellation of the petitioner's GST registration and the associated show cause notice, finding the petitioner's conduct to be dilatory and non-compliant. The court held that there was no basis for interference under its writ jurisdiction. Consequently, the petition was disposed of without restoring the GST registration. The petitioner was advised that it remains at liberty to apply for a fresh GST registration if desired.
The HC dismissed the petition challenging the cancellation of the petitioner's GST registration and the associated show cause notice, finding the petitioner's conduct to be dilatory and non-compliant. The court held that there was no basis for interference under its writ jurisdiction. Consequently, the petition was disposed of without restoring the GST registration. The petitioner was advised that it remains at liberty to apply for a fresh GST registration if desired.
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