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...
Recovery of tax arrears from the Former director of the Company - Attachment of Bank accounts - DIN of the petitioner got disqualified under Section 164(2)(a) of the Companies Act, 2013 - The High Court found that the attachment order was issued without proper consideration of the petitioner's status and without affording them an opportunity to present their case. The court held that this violated the petitioner's rights under Article 14 and 300A of the Constitution. - The High Court accepted the petitioner's argument that they had resigned from their directorship before the relevant period. As such, the court ruled that the petitioner could not be held liable for the company's tax dues during that period.
Recovery of tax arrears from the Former director of the Company - Attachment of Bank accounts - DIN of the petitioner got disqualified under Section 164(2)(a) of the Companies Act, 2013 - The High Court found that the attachment order was issued without proper consideration of the petitioner's status and without affording them an opportunity to present their case. The court held that this violated the petitioner's rights under Article 14 and 300A of the Constitution. - The High Court accepted the petitioner's argument that they had resigned from their directorship before the relevant period. As such, the court ruled that the petitioner could not be held liable for the company's tax dues during that period.
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