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...
Compounding of a cheque dishonour complaint may be pursued where the dispute is monetary and the accused seeks amicable settlement, with the trial court to act on the basis of the Supreme Court guidelines in Damodar S. Prabhu and later guidance. The accused was permitted to approach the trial court for compounding on deposit of 10% of the cheque amount, and the court below was to pass appropriate orders in accordance with law. No coercive measures were to be taken during the limited period granted for seeking compounding, but if the accused failed to appear, the trial court could proceed against him in accordance with law.
Compounding of a cheque dishonour complaint may be pursued where the dispute is monetary and the accused seeks amicable settlement, with the trial court to act on the basis of the Supreme Court guidelines in Damodar S. Prabhu and later guidance. The accused was permitted to approach the trial court for compounding on deposit of 10% of the cheque amount, and the court below was to pass appropriate orders in accordance with law. No coercive measures were to be taken during the limited period granted for seeking compounding, but if the accused failed to appear, the trial court could proceed against him in accordance with law.
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