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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The High Court addressed the issue of classifying imported roasted areca nuts and the validity of FSSAI reports on their suitability for human consumption. FSSAI conducted tests confirming conformity to food safety standards. The petitioner sought release of goods before seizure, with no response from respondents. The Court noted the power of adjudication officers to provisionally release goods but asserted its jurisdiction. Factual findings favored the petitioner, leading to a directive for release of consignments upon meeting specified conditions. The petition was disposed of accordingly.
The High Court addressed the issue of classifying imported roasted areca nuts and the validity of FSSAI reports on their suitability for human consumption. FSSAI conducted tests confirming conformity to food safety standards. The petitioner sought release of goods before seizure, with no response from respondents. The Court noted the power of adjudication officers to provisionally release goods but asserted its jurisdiction. Factual findings favored the petitioner, leading to a directive for release of consignments upon meeting specified conditions. The petition was disposed of accordingly.
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