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...
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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