Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
The High Court considered a bail application u/s seeking release in a case involving recovery of smuggled gold and cash. The applicant claimed ownership of the recovered items, but the court found no evidence to support this. The court noted the large quantity of recovered cash and gold, indicating potential involvement in smuggling. The applicant failed to prove residency in Mumbai or employment status with supporting documents. The court observed inconsistencies in salary payment records, casting doubt on the applicant's claims. Due to prima facie evidence of complicity, bail was denied, and the application rejected for the applicant.
The High Court considered a bail application u/s seeking release in a case involving recovery of smuggled gold and cash. The applicant claimed ownership of the recovered items, but the court found no evidence to support this. The court noted the large quantity of recovered cash and gold, indicating potential involvement in smuggling. The applicant failed to prove residency in Mumbai or employment status with supporting documents. The court observed inconsistencies in salary payment records, casting doubt on the applicant's claims. Due to prima facie evidence of complicity, bail was denied, and the application rejected for the applicant.
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