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...
Failure to supply relevant relied upon documents at the time of issuing show cause notice (SCN) impinges upon principles of natural justice by denying effective opportunity to respond. Providing underlying documents forming basis of SCN is imperative to enable efficacious reply. Bank directed to furnish investigation report, stock and receivables audit report with annexures to allow petitioner to make effective reply to SCN categorizing account as "fraud" under RBI guidelines.
Failure to supply relevant relied upon documents at the time of issuing show cause notice (SCN) impinges upon principles of natural justice by denying effective opportunity to respond. Providing underlying documents forming basis of SCN is imperative to enable efficacious reply. Bank directed to furnish investigation report, stock and receivables audit report with annexures to allow petitioner to make effective reply to SCN categorizing account as "fraud" under RBI guidelines.
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