TDS u/s 192 Not Conclusive Proof of Incentive to directors as Salary for GST: Madras HC

Global Calcium Private Limited Vs Assistant Commissioner (ST) (Madras High Court)

Introduction: The Madras High Court recently delivered a significant judgment in the case of Global Calcium Private Limited vs. Assistant Commissioner (ST). The petitioner, engaged in the supply of Bulk Drugs and Pharmaceutical Intermediaries, contested three separate assessment orders for the financial years 2017-18, 2018-19, and 2019-20. The key issues involved discrepancies in Input Tax Credit (ITC), performance-linked incen

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