Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
At the discharge stage under PMLA, the court must only see whether prosecution material, taken at face value, discloses the ingredients of money-laundering; it cannot conduct a mini-trial or weigh defence documents. Revisional interference with refusal of discharge is confined to patent illegality, jurisdictional error, or a legal bar to the proceedings. On the materials described, the assets, bank routing, deposits, insurance policies and investments were treated as sufficient to prima facie indicate acquisition, possession, layering and projection of proceeds of crime, and the accused's explanation was left for trial.
At the discharge stage under PMLA, the court must only see whether prosecution material, taken at face value, discloses the ingredients of money-laundering; it cannot conduct a mini-trial or weigh defence documents. Revisional interference with refusal of discharge is confined to patent illegality, jurisdictional error, or a legal bar to the proceedings. On the materials described, the assets, bank routing, deposits, insurance policies and investments were treated as sufficient to prima facie indicate acquisition, possession, layering and projection of proceeds of crime, and the accused's explanation was left for trial.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
