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 court granted regular bail to the accused in a money laundering case involving conspiracy and proceeds of crime. While acknowledging ample evidence linking the accused to money laundering, the court observed that the twin test of guilt and likelihood of committing an offense was weak. Considering the accused's clean antecedents, lack of previous involvement, and the documentary nature of evidence, the court concluded that the accused was not a flight risk or likely to tamper with evidence or influence witnesses. The court directed the accused's release on bail upon furnishing a bond of Rs.10,00,000 with two sureties of the same amount, subject to conditions imposed by the trial court. The bail application was allowed.
The court granted regular bail to the accused in a money laundering case involving conspiracy and proceeds of crime. While acknowledging ample evidence linking the accused to money laundering, the court observed that the twin test of guilt and likelihood of committing an offense was weak. Considering the accused's clean antecedents, lack of previous involvement, and the documentary nature of evidence, the court concluded that the accused was not a flight risk or likely to tamper with evidence or influence witnesses. The court directed the accused's release on bail upon furnishing a bond of Rs.10,00,000 with two sureties of the same amount, subject to conditions imposed by the trial court. The bail application was allowed.
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