Working capital adjustment, comparable selection and trade receivables interest were revisited in transfer pricing, with key additions deleted and rem...
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A GST inspector was arrested by the state vigilance bureau in Una after being caught accepting a Rs 50,000 bribe from a battery supplier who had filed a false return of Rs 5-6 lakh; the inspector allegedly demanded Rs 1.5 lakh to settle the matter, later negotiating to Rs 1.25 lakh. The supplier reported the extortion to the vigilance bureau, which conducted a sting at the inspector's GST office, seized the cash and effected the arrest. The matter raises potential charges of bribery, corruption and abuse of official position pending further investigation.
A GST inspector was arrested by the state vigilance bureau in Una after being caught accepting a Rs 50,000 bribe from a battery supplier who had filed a false return of Rs 5-6 lakh; the inspector allegedly demanded Rs 1.5 lakh to settle the matter, later negotiating to Rs 1.25 lakh. The supplier reported the extortion to the vigilance bureau, which conducted a sting at the inspector's GST office, seized the cash and effected the arrest. The matter raises potential charges of bribery, corruption and abuse of official position pending further investigation.
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