Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Dishonor of cheques - Condonation of delay of 1259 days in filing the complaint for an offence punishable u/s 138 of the Negotiable Instruments Act, 1881 - Exercise of Discretion by Lower Courts- sufficient reason to condone the delay or not - The High courts uphold the discretion exercised by the lower courts, emphasizing the importance of balancing procedural requirements with substantive justice. - Various legal principles and precedents are cited and analyzed throughout the proceedings, including the liberal interpretation of the concept of "sufficient cause" for condonation of delay and the significance of balancing substantive justice with procedural requirements. - Ultimately, the court dismisses the petition, affirming the lower courts' exercise of discretion to condone the delay.
Dishonor of cheques - Condonation of delay of 1259 days in filing the complaint for an offence punishable u/s 138 of the Negotiable Instruments Act, 1881 - Exercise of Discretion by Lower Courts- sufficient reason to condone the delay or not - The High courts uphold the discretion exercised by the lower courts, emphasizing the importance of balancing procedural requirements with substantive justice. - Various legal principles and precedents are cited and analyzed throughout the proceedings, including the liberal interpretation of the concept of "sufficient cause" for condonation of delay and the significance of balancing substantive justice with procedural requirements. - Ultimately, the court dismisses the petition, affirming the lower courts' exercise of discretion to condone the delay.
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