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 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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