Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
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The High Court held that the personal gold jewelry, consisting of a necklace and bracelet weighing 0.178 grams, worn by a tourist traveling from Azerbaijan to India, would not be liable for seizure as prohibited goods. The Court quashed the detention receipt and directed the release of the personal gold jewelry to the Petitioner within one week, considering it as personal effects exempt from the Baggage Rules, 2016.
The High Court held that the personal gold jewelry, consisting of a necklace and bracelet weighing 0.178 grams, worn by a tourist traveling from Azerbaijan to India, would not be liable for seizure as prohibited goods. The Court quashed the detention receipt and directed the release of the personal gold jewelry to the Petitioner within one week, considering it as personal effects exempt from the Baggage Rules, 2016.
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