Dependent Agent PE unresolved for lack of factual inquiry; arm's-length distribution accepted; royalty claim rejected; 15% refund interest (Section 24...
Exemption under s.10(23C)(iiiad) upheld; appeal allowed, interest and dividends excluded from annual receipts, disallowance deleted, capital gains exe...
HC remitted the matter to the respondent for de novo adjudication of the GST DRC-01 notice and impugned assessment order, directing the petitioner to effect a pre-deposit of 50% of the disputed tax in cash from its electronic cash ledger within 30 days of receipt of the order; any earlier deposits or recoveries shall be set off against this pre-deposit obligation. The petitioner was ordered to file a reply to the Show Cause Notice dated 24.09.2023, with supporting documents, treating the assessment order dated 28.12.2023 as an addendum to that notice, within 30 days of receipt. Petition accordingly disposed of.
HC remitted the matter to the respondent for de novo adjudication of the GST DRC-01 notice and impugned assessment order, directing the petitioner to effect a pre-deposit of 50% of the disputed tax in cash from its electronic cash ledger within 30 days of receipt of the order; any earlier deposits or recoveries shall be set off against this pre-deposit obligation. The petitioner was ordered to file a reply to the Show Cause Notice dated 24.09.2023, with supporting documents, treating the assessment order dated 28.12.2023 as an addendum to that notice, within 30 days of receipt. Petition accordingly disposed of.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4824 
Join Channel 
