Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
The provisional attachment of the petitioner's bank account had ceased to operate by efflux of the statutory period under Section 83(2), so the attachment could not continue beyond one year. The Court therefore declared the attachment lapsed by operation of law and held that the petitioner was entitled to operate the bank account, while leaving all other contentions open.
The provisional attachment of the petitioner's bank account had ceased to operate by efflux of the statutory period under Section 83(2), so the attachment could not continue beyond one year. The Court therefore declared the attachment lapsed by operation of law and held that the petitioner was entitled to operate the bank account, while leaving all other contentions open.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
