NAA directs DGAP to reinvestigate alleged profiteering by Samridhi Realty Homes

Abha Tiwari Vs Samridhi Realty Homes Pvt. Ltd. (NAA) This Authority has carefully considered the Report filed by the DGAP, all the submissions and the documents placed on record and the arguments advanced by the Respondent and the submissions of the Applicants on record. On examining the various submissions, the observations of this Authority are as follows i. The Respondent vide his submissions dated 26.04.2022 has argued that the DGAP had not allowed the ITC of VAT in the pre-GST regime calculations, which has resulted into inflated ITC benefit amount, despite the fact that he had availed IT...