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Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Regular bail was refused in allegations of operating an unregistered filtered tobacco manufacturing unit and evading central excise duty. Ownership of the unit and the occurrence of duty evasion were treated as matters to be proved at trial. Given the gravity of the allegations, the pending investigation and charge-sheet, and the risk that release could enable influence over evidence, bail was considered inappropriate at that stage. No opinion was expressed on the merits, and expeditious prosecution and trial were requested.
Regular bail was refused in allegations of operating an unregistered filtered tobacco manufacturing unit and evading central excise duty. Ownership of the unit and the occurrence of duty evasion were treated as matters to be proved at trial. Given the gravity of the allegations, the pending investigation and charge-sheet, and the risk that release could enable influence over evidence, bail was considered inappropriate at that stage. No opinion was expressed on the merits, and expeditious prosecution and trial were requested.
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