Transfer-pricing comparability permits fresh objections and filters where software service comparables are functionally unsuitable for arm's-length pr...
Territorial rendering requirement excludes China-based management and consultancy services from fees for technical services under the India-China DTAA...
FEMA borrowing restrictions bind charitable trusts, and civil penalties apply without proving intent for delayed repayment of non-resident rupee loans...
PMLA search, seizure and arrest powers require recorded reasons to believe under sections 17 and 19, supported by material linking the person searched or arrested to proceeds of crime. In a land-compensation transaction involving a void unilateral cancellation of a registered gift deed, land vested in a local body and later acquired for a highway project. Contemporaneous cancellation and sale deeds, the circumstances of purchase, and receipt, partial refund and retention of compensation supported an active role and benefit from proceeds of crime. Communication of grounds of arrest and disclosure of supporting material satisfied the statutory conditions, rejecting the challenge to search, seizure and arrest.
PMLA search, seizure and arrest powers require recorded reasons to believe under sections 17 and 19, supported by material linking the person searched or arrested to proceeds of crime. In a land-compensation transaction involving a void unilateral cancellation of a registered gift deed, land vested in a local body and later acquired for a highway project. Contemporaneous cancellation and sale deeds, the circumstances of purchase, and receipt, partial refund and retention of compensation supported an active role and benefit from proceeds of crime. Communication of grounds of arrest and disclosure of supporting material satisfied the statutory conditions, rejecting the challenge to search, seizure and arrest.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
