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...
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...
The High Court quashed prosecution against petitioners-accused u/s Central Excise Act 1944 and IPC. No Dues-Discharge Certificate issued, Sabka Vishwas Scheme applied. Prosecution continued despite remittance of liability and withdrawal application. Liability liquidated under the Scheme. Prosecution burdened court docket, caused unwarranted suffering. Complaint quashed, petitioners acquitted. Case disposed of.
The High Court quashed prosecution against petitioners-accused u/s Central Excise Act 1944 and IPC. No Dues-Discharge Certificate issued, Sabka Vishwas Scheme applied. Prosecution continued despite remittance of liability and withdrawal application. Liability liquidated under the Scheme. Prosecution burdened court docket, caused unwarranted suffering. Complaint quashed, petitioners acquitted. Case disposed of.
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