Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Reopening of assessment u/s 147 - allegation that entity Mridul Securities is involved in providing accommodation entries and the Assessee is the beneficiary of the specified alleged transaction - In light of the information which forms the basis of the initiation of the inquiry and in view of the fact that the transactions with Mridul Securities are admitted by the Petitioners, we do not find any case for interfering in the writ proceedings. - HC
Reopening of assessment u/s 147 - allegation that entity Mridul Securities is involved in providing accommodation entries and the Assessee is the beneficiary of the specified alleged transaction - In light of the information which forms the basis of the initiation of the inquiry and in view of the fact that the transactions with Mridul Securities are admitted by the Petitioners, we do not find any case for interfering in the writ proceedings. - HC
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