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...
Illegal removal of a seized container and substitution through forged gate passes was treated as a serious breach of HCCAR supervision and customs compliance, but revocation of custodianship was held to be a disproportionate response. The Tribunal noted recovery of the goods, police findings showing no material against management, cooperation with investigation, and corrective measures taken thereafter. It upheld penalty for the violations but declined the severest consequence of revocation. On vicarious liability, it held that employee misconduct alone, without evidence of knowledge, connivance or conscious facilitation by management, could not justify revocation, and the Department failed to show grounds for appellate interference.
Illegal removal of a seized container and substitution through forged gate passes was treated as a serious breach of HCCAR supervision and customs compliance, but revocation of custodianship was held to be a disproportionate response. The Tribunal noted recovery of the goods, police findings showing no material against management, cooperation with investigation, and corrective measures taken thereafter. It upheld penalty for the violations but declined the severest consequence of revocation. On vicarious liability, it held that employee misconduct alone, without evidence of knowledge, connivance or conscious facilitation by management, could not justify revocation, and the Department failed to show grounds for appellate interference.
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