Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
The HC set aside the impugned order dated 11th April 2025, holding that sustaining it would result in double taxation due to the mismatch between the input tax credit claimed and the inward supply statement in GSTR-2B. The Court found the order untenable in law and allowed the petition. The matter is remanded to the Additional State Tax Officer, Ganjam-I Circle, Ganjam, who is directed to issue intimation to the petitioner within one week of receiving the Court's order.
The HC set aside the impugned order dated 11th April 2025, holding that sustaining it would result in double taxation due to the mismatch between the input tax credit claimed and the inward supply statement in GSTR-2B. The Court found the order untenable in law and allowed the petition. The matter is remanded to the Additional State Tax Officer, Ganjam-I Circle, Ganjam, who is directed to issue intimation to the petitioner within one week of receiving the Court's order.
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