Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Mediclaim reimbursement and motor accident compensation operate in distinct spheres: a private mediclaim policy funded by premiums is an independent contractual benefit, while compensation under the Motor Vehicles Act is a statutory right to just and fair compensation for accident-related injury. The principle against double recovery applies only when two payments truly answer the same loss in the same legal sphere, which is not the case here. Mediclaim or medical insurance proceeds are therefore not deductible from compensation assessed by the Claims Tribunal, and the matter was remanded for decision on that basis.
Mediclaim reimbursement and motor accident compensation operate in distinct spheres: a private mediclaim policy funded by premiums is an independent contractual benefit, while compensation under the Motor Vehicles Act is a statutory right to just and fair compensation for accident-related injury. The principle against double recovery applies only when two payments truly answer the same loss in the same legal sphere, which is not the case here. Mediclaim or medical insurance proceeds are therefore not deductible from compensation assessed by the Claims Tribunal, and the matter was remanded for decision on that basis.
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