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Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
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...
Prima facie material at the discharge and charge-framing stage need only raise a strong suspicion of the accused's involvement; the court must not conduct a roving inquiry or weigh evidence as at trial. The notes state that the petitioner was a trustee when a loan was allegedly obtained through fraudulent documents, diverted from its stated purpose, and linked to laundering of proceeds of crime. On that material, the Trial Court's refusal to discharge was affirmed and the criminal revision was dismissed.
Prima facie material at the discharge and charge-framing stage need only raise a strong suspicion of the accused's involvement; the court must not conduct a roving inquiry or weigh evidence as at trial. The notes state that the petitioner was a trustee when a loan was allegedly obtained through fraudulent documents, diverted from its stated purpose, and linked to laundering of proceeds of crime. On that material, the Trial Court's refusal to discharge was affirmed and the criminal revision was dismissed.
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