International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Payment made on account of royalty to State Govt - payment of royalty in excess of 20% - Section 6A(4) of the Oilfield (Exploration and Development Act), 1948 - Certainly, we cannot liken it to hafta or extortion money, which appears to have been the intention - the amounts, which were paid, would not incur the opprobrium of being in violation of Section 37 - expenditure allowed - HC
Payment made on account of royalty to State Govt - payment of royalty in excess of 20% - Section 6A(4) of the Oilfield (Exploration and Development Act), 1948 - Certainly, we cannot liken it to hafta or extortion money, which appears to have been the intention - the amounts, which were paid, would not incur the opprobrium of being in violation of Section 37 - expenditure allowed - HC
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