Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
Inter-agency information sharing under PMLA is permitted where the Director or authorised officer forms an opinion that another law has been contravened; the communication may properly be sent to the concerned agency for action. The text rejects the view that such disclosure is confined to PMLA offences or barred by FEMA powers, treating both statutes as cognate fields to be read together. It also states that, at the investigation stage, the court looks only for prima facie material: allegations of foreign-fund withdrawals linked to extremist activity were treated as sufficient to justify continued investigation, and the FIR was not to be quashed at the incipient stage.
Inter-agency information sharing under PMLA is permitted where the Director or authorised officer forms an opinion that another law has been contravened; the communication may properly be sent to the concerned agency for action. The text rejects the view that such disclosure is confined to PMLA offences or barred by FEMA powers, treating both statutes as cognate fields to be read together. It also states that, at the investigation stage, the court looks only for prima facie material: allegations of foreign-fund withdrawals linked to extremist activity were treated as sufficient to justify continued investigation, and the FIR was not to be quashed at the incipient stage.
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