Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Registered security interest under SARFAESI was treated as giving the secured creditor priority over State tax dues, and the State could not displace that priority by relying on a first-charge claim under MVAT. For pre-Central-law cases, a mere attachment order was insufficient; the State had to show compliance with the Maharashtra Land Revenue Code recovery procedure, including due proclamation, which was not demonstrated here. The State also had not registered its charge with CERSAI, and the amendment-based challenge to section 37 of MVAT was rejected. The attachment and encumbrance were quashed, and the sale certificate was to be registered free of encumbrance.
Registered security interest under SARFAESI was treated as giving the secured creditor priority over State tax dues, and the State could not displace that priority by relying on a first-charge claim under MVAT. For pre-Central-law cases, a mere attachment order was insufficient; the State had to show compliance with the Maharashtra Land Revenue Code recovery procedure, including due proclamation, which was not demonstrated here. The State also had not registered its charge with CERSAI, and the amendment-based challenge to section 37 of MVAT was rejected. The attachment and encumbrance were quashed, and the sale certificate was to be registered free of encumbrance.
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