Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Section 250(6) requires an appellate authority to determine the points in appeal on merits and record reasons for its decision. Non-compliance with hearing notices does not permit a cryptic ex parte affirmation of reassessment additions without addressing the issues, undertaking necessary enquiries, or obtaining assessment records. Although the assessee must comply with notices, any ex parte disposal must remain a reasoned decision on merits. The non-speaking appellate order was set aside and remanded for fresh adjudication after opportunity to both parties; continued non-compliance permits ex parte adjudication on merits.
Section 250(6) requires an appellate authority to determine the points in appeal on merits and record reasons for its decision. Non-compliance with hearing notices does not permit a cryptic ex parte affirmation of reassessment additions without addressing the issues, undertaking necessary enquiries, or obtaining assessment records. Although the assessee must comply with notices, any ex parte disposal must remain a reasoned decision on merits. The non-speaking appellate order was set aside and remanded for fresh adjudication after opportunity to both parties; continued non-compliance permits ex parte adjudication on merits.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
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