Transfer pricing comparables and adjustments: Tribunal revisits loss-maker status, segmental comparability, working capital relief, and risk allocatio...
Business expenditure disallowance failed where commission, related-party salary and promotion payments were supported by records and inquiry was inade...
The Insolvency and Bankruptcy Board of India has amended the corporate insolvency resolution regulations to provide that, for a corporate debtor classified as an MSME, the resolution professional shall appoint one set of registered valuers unless the committee records reasons in writing to appoint two sets. The amendment applies on publication in the Official Gazette and narrows the default valuation requirement for MSME resolution processes while preserving committee discretion to require additional valuation support.
The Insolvency and Bankruptcy Board of India has amended the corporate insolvency resolution regulations to provide that, for a corporate debtor classified as an MSME, the resolution professional shall appoint one set of registered valuers unless the committee records reasons in writing to appoint two sets. The amendment applies on publication in the Official Gazette and narrows the default valuation requirement for MSME resolution processes while preserving committee discretion to require additional valuation support.
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