Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
The HC dismissed the writ petition challenging the notice issued for fraudulent availment of Input Tax Credit (ITC) involving four suppliers, with the petitioner as a recipient. The Court held that writ petitions are generally not maintainable in cases of alleged fraudulent ITC claims and emphasized that the petitioner must pursue remedies through the prescribed appellate process. The Court noted that the impugned order is appealable and the petitioner's grievances can be addressed before the Appellate Authority. Consequently, the petition was disposed of, reinforcing the principle that disputes concerning fraudulent ITC claims should be resolved via statutory appeal mechanisms rather than writ jurisdiction.
The HC dismissed the writ petition challenging the notice issued for fraudulent availment of Input Tax Credit (ITC) involving four suppliers, with the petitioner as a recipient. The Court held that writ petitions are generally not maintainable in cases of alleged fraudulent ITC claims and emphasized that the petitioner must pursue remedies through the prescribed appellate process. The Court noted that the impugned order is appealable and the petitioner's grievances can be addressed before the Appellate Authority. Consequently, the petition was disposed of, reinforcing the principle that disputes concerning fraudulent ITC claims should be resolved via statutory appeal mechanisms rather than writ jurisdiction.
Note: It is a system-generated summary and is for quick reference only.