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...
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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