Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
The HC allowed the petition and quashed the impugned suspension insofar as it was effected without due investigation into alleged unauthorized changes based on forged documents, finding a violation of principles of natural justice. The Court directed the Joint Commissioner, State Taxes, to afford fresh opportunities to the parties to file responses and to be heard, and to pass an appropriate order after hearing, preferably within four months of receipt of a copy of the order. The HC noted that an earlier interim stay enabled the petitioner to file updated returns and responses, and ordered proceedings to be conducted with affording of statutory fairness before any final tax-administrative action.
The HC allowed the petition and quashed the impugned suspension insofar as it was effected without due investigation into alleged unauthorized changes based on forged documents, finding a violation of principles of natural justice. The Court directed the Joint Commissioner, State Taxes, to afford fresh opportunities to the parties to file responses and to be heard, and to pass an appropriate order after hearing, preferably within four months of receipt of a copy of the order. The HC noted that an earlier interim stay enabled the petitioner to file updated returns and responses, and ordered proceedings to be conducted with affording of statutory fairness before any final tax-administrative action.
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