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...
Functional comparability governs software-service benchmarking: dissimilar companies are excluded, while related-party filters, margins and working-ca...
Money laundering case involving attachment of properties. Appellant argued property was acquired prior to offense, hence cannot be attached. Court rejected contention, relying on Supreme Court precedent allowing attachment of other assets when direct proceeds unavailable. Appellant received share from crime proceeds along with family members. Adjudicating authority rightly confirmed attachment in absence of direct proceeds. Appeal dismissed being devoid of merits, upholding attachment order due to legal position on attaching other assets when crime proceeds unavailable.
Money laundering case involving attachment of properties. Appellant argued property was acquired prior to offense, hence cannot be attached. Court rejected contention, relying on Supreme Court precedent allowing attachment of other assets when direct proceeds unavailable. Appellant received share from crime proceeds along with family members. Adjudicating authority rightly confirmed attachment in absence of direct proceeds. Appeal dismissed being devoid of merits, upholding attachment order due to legal position on attaching other assets when crime proceeds unavailable.
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