Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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Validity of permitting export in violation of notification - Supply of non-basmati Indian white rice - The Revenue (Department) contended that permitting export in violation of the notification was impermissible and against the government's policy to safeguard food security and control prices. They argued that the notification should have been either upheld or set aside by the court. - The High Court set aside the judgment and order of the learned single Judge and remanded the matter for fresh consideration along with other related petitions.
Validity of permitting export in violation of notification - Supply of non-basmati Indian white rice - The Revenue (Department) contended that permitting export in violation of the notification was impermissible and against the government's policy to safeguard food security and control prices. They argued that the notification should have been either upheld or set aside by the court. - The High Court set aside the judgment and order of the learned single Judge and remanded the matter for fresh consideration along with other related petitions.
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