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...
Actuarially determined provision for accumulated non-encashable sick leave constitutes an accrued employee-benefit liability where employees earn paid future leave through services rendered during the relevant year. The employer's obligation to grant paid absence when leave is used remains a financial obligation, despite no employee right to receive cash for unused leave. Uncertainty over the employee or timing of future utilisation does not make a scientifically estimated liability contingent. As no payment is made in lieu of leave, leave-encashment payment conditions do not apply. The provision is deductible as an accrued business liability, and the disallowance was deleted.
Actuarially determined provision for accumulated non-encashable sick leave constitutes an accrued employee-benefit liability where employees earn paid future leave through services rendered during the relevant year. The employer's obligation to grant paid absence when leave is used remains a financial obligation, despite no employee right to receive cash for unused leave. Uncertainty over the employee or timing of future utilisation does not make a scientifically estimated liability contingent. As no payment is made in lieu of leave, leave-encashment payment conditions do not apply. The provision is deductible as an accrued business liability, and the disallowance was deleted.
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