Advance pricing agreement methodology can guide benchmarking for non-covered years when functions, assets, risks and activities remain materially unch...
Tax-audit exemption for substantially State-funded educational universities prevents audit-failure penalties where income qualifies for statutory exem...
Functional, asset and risk analysis excludes diversified technology companies from captive software development comparables under cost-plus arrangemen...
Mobile-phone electronic evidence failed to establish customs undervaluation, while duty survived on non-authentic origin certificates without importer...
Automotive radio classification treats integrated infotainment features as supplementary, placing complete and qualifying unassembled units under the ...
Separate corporate personality prevents directors from being personally liable for company deposits without a guarantee or independent legal undertaki...
GST refund appeals involving an identical question of law must be transferred from different State Benches to the Principal Bench when the President is satisfied that the notification's transfer condition is met. The shared issue concerns refund of interest paid on the part of GST liability discharged through the electronic credit ledger after retrospective substitution of the proviso to section 50(1). Because all eight appeals raised that same issue, the transfer condition was met; the applications were allowed and the appeals were directed to be listed before a Division Bench of the Principal Bench, GSTAT.
GST refund appeals involving an identical question of law must be transferred from different State Benches to the Principal Bench when the President is satisfied that the notification's transfer condition is met. The shared issue concerns refund of interest paid on the part of GST liability discharged through the electronic credit ledger after retrospective substitution of the proviso to section 50(1). Because all eight appeals raised that same issue, the transfer condition was met; the applications were allowed and the appeals were directed to be listed before a Division Bench of the Principal Bench, GSTAT.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4908 
